Worst of crisis over, says Varadkar

THE worst of the economic crisis is over Transport Minister Leo Varadkar claimed last night.

In comments reminiscent of the then Fianna Fáil’s repeated — and wrong — insistence that the country had “turned the corner”, Mr Varadkar said there was now “light at the end of the tunnel”.

However, his comments came as the US teetered on the brink of debt default as President Barack Obama and congressional Republican leaders failed to agree a deal in order to avert what the White House has warned could lead to economic catastrophe.