Letter to the Editor: Cost impact of recovery loans need to be examined

Basically, already bankrupt states providing further loan guarantees.

The winds of change may be blowing but to the benefit of who has yet to be determined.

Analysis published in the Irish Examiner, authored by Kevin Callinan, claims the EU is to charter a more “social democratic direction” post lockdown. Mr Callinan asserts that after the last crash, Irish people were too preoccupied to understand the impact EU fiscal rules would have on living standards.