Cowen admits errors made in economic crisis

AN EARNEST Taoiseach Brian Cowen has made his most comprehensive defence yet of his tenure as finance minister and his efforts to sidestep the economic crisis.

He accepted he could not bury his head in the sand and blame the current crisis solely on international forces.

Successive Fianna Fáil-led governments since the mid-’90s did not act appropriately to limit the risk, he said.