EU experts warn over extra bank aid

HAVING to put more money into the banking system will affect Ireland’s ability to recover from the economic crisis, EU experts have warned.

They listed a range of risks to the carefully worked out strategy designed to cut government deficits and debt and raise growth and employment.

If inflation is too low, if growth is not high enough and if the rate the country has to pay for its loans is too high, the country will be knocked off the path to recovery.