Greece – where the bailout program is the subject of continuing drama and debate – could learn a thing or two from Ireland, Europe’s poster-child for austerity and economic recovery, the country’s Prime Minister Enda Kenny told CNBC.
“For Greece, there’s a lesson from Ireland,” Irish Taoiseach Enda Kenny told CNBC Wednesday. “Obviously, we respect and understand the difficulties that apply in Greece from a humanitarian point of view…Greece needs time and space and Europe is giving Greece that time and space.”
Greece has dominated the headlines since its new left-wing government came to power in snap elections in January. The Syriza party promised to “tear-up” Greece’s long-standing bailout program and its unpopular austerity measures if it was elected.
