THE ECONOMIC ADJUSTMENT PROGRAMME FOR IRELAND



European Commission
Fe
b 2011

Directorate-General for Eco-nomic and Financial Affairs

TABLE OF CONTENTS

I. Looking back. Building imbalances
II. The bubble bursts

III. Early policy actions

IV. Run-up to the international financial assistance programme

V. Programme design and objectives

V.1. Macroeconomic outlook: export-led recovery.
V.2. Restoring financial stability.
V.3. Fiscal policy and reform
V.4. Structural reforms

VI. Programme financing

VII. The risks ahead.

VIII. Programme monitoring and implementation.

IX. Bibliography

X. Annex. Programme documents

EKAI Center:

As
expected, the European Commission confirms that these makeshift rescue programs, as in Ireland, are not reliable and can easily aggravate, in the medium term, the situation of the supposedly rescued countries.
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