EU Warns of Debt Dangers Facing Ireland and Euro Zone – “Emperor Has No Clothes”
By: GoldCore
GoldSeek.com
Thursday, 26 February 2015
– High “structural” unemployment, high levels of public and private debt and a still vulnerable banking sector are weighing on the Irish economy
– Report further casts doubt on the “recovery” narrative being touted by governments, banks and vested interests across the world
– Levels of spin and denial not seen since before the crash of 2008
A report by the EU to be published today reviewing the economies of European countries has identified various problems in most European economies – including Ireland.
In-depth reviews initiated by the European Commission (EC) found “excessive macroeconomic imbalances” continue in 16 countries.
The Rest…HERE
