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Thursday, February 2, 2023

NTMA relieves market as ‘mortgage of terror’ insists rates should be hiked

Ntma Relieves Market As 'Mortgage Of Terror' Insists Rates Should Be Hiked

To the people in Ireland, Ollie Rehn is most famous – but perhaps not fondly remembered – as an advocate of asceticism.

Rehn, the EU’s top economics official during the euro sovereign debt crisis a decade ago, helped oversee the dreaded troika that imposed harsh budget cuts on “peripheral” Europe, including Ireland.

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