Kick out our failed politicians — with no golden parachute strings attached

THE idea that the opposition could have negotiated a better interest rate from the International Monetary Fund (IMF) in the recent bailout is “laughable,” according to Finance Minister Brian Lenihan.

He noted that the IMF adopts a standard formula in relation to all countries in determining its interest rate.

“This is a standard calculation and it is completely misleading to suggest that it could be renegotiated,” Lenihan added. “Greece sought to have the terms of its loan adjusted in line with our terms.”