The Fine Gael/Labour Coalition has invested so much of its political capital in getting a better deal from the European Central Bank on the Anglo Irish Bank promissory notes that unless it succeeds in a transparent way its survival will come into question.

WITH the new Greek rescue the EU should take heed that it is now heading where Greece has gone.

THE ECB has announced it is keeping its interest rates at 1%. The same ECB/EU has imposed a so-called bail-out in Ireland at a rate of about 5.8%. With friends like this, who needs enemies?