Ireland is a tax haven “free-riding” on the rest of Europe, and remains deeply divided since the crash, former Greek finance minister and author Yanis Varoufakis has claimed.
Speaking at an event in Munich hosted by the Ifo institute for economic research, Mr Varoufakis said the euro zone was unsustainable and would impoverish peripheral countries such as Greece. He said the latest political and economic turbulence in Italy highlighted as much.
Asked if Ireland’s recent economic turnaround did not run counter to his narrative of euro zone disintegration, he said: “Ireland is a divided society. There are two Irelands. There is the real Ireland which remains depressed.
“If you look at those who are not connected to the offshore economy… to the Facebooks and the Apples and so on… the Irish who remain in old Ireland they remain just as badly off as they were 10 years ago,” he said. “And the discontent is massive. (more...)
No comments:
Post a Comment