In Europe's grand battle over growth vs. austerity, has Ireland proved that austerity works?
The country successfully sold longer-term government bonds Wednesday, a sign that international investors regard its rebound as durable and that it will end its reliance on an international bailout program later this year. It would be the first euro-zone country to achieve that milestone. The economy is growing — slowly — despite a regional recession. Employment and foreign investment are rising.
Read full article >>
