They never said it would be easy. Just when it looks that Ireland’s battered economy is turning the corner, a storm builds to crisis proportions on the Euro zone’s South Eastern periphery.
The crisis has unfolded in distinct phases.
The first consisted of German Government foot dragging over the go ahead for a €45bn rescue package that helped to spark [...]
Few doubt that small firms, the backbone of local communities, have been hit hard by the credit crunch. Many firms which would be viable when viewed from a long term perspective, have been forced prematurely to the wall, having been cut off at the knees by newly risk averse, cash strapped banks.
Crunching Hard and Deep
The accountancy group [...]
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