Local lawyers argue that Ireland has taken its ‘austerity medicine’ and is re-emerging as a stronger economy. Anna Scott looks at what an exit from the bailout programme would mean for the country
“It’s difficult to imagine where the Irish economy would be without the bailout programme,” says Alan Murphy, managing partner of Eversheds’ Dublin office. While Cyprus’ government faces public outcry over accepting an EU bailout and Greece’s rescue package appears to grow, Ireland’s legal sector is beginning to see positive results from its drastic austerity measures.
