Ireland’s Gerlach optimistic about fiscal adjustments


Stefan Gerlach, the deputy governor of the Central Bank of Ireland, on Thursday said recent evidence in the economy suggested Ireland was on schedule to fully implement the International Monetary Fund and European Union’s adjustment programme.

Speaking at the ZinsFORUM in Frankfurt, Germany, Gerlach said: "Despite the very challenging environment, both fiscal consolidation and financial sector reform are progressing on schedule. The external assessments by the Troika note that programme

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