Politics: The right way to help Ireland

Why is Britain committing £7 billion to a bailout which will trap Ireland in its present discontents?

Would you trust an economic forecaster who had recently said this?

The euro has done more to enforce budgetary discipline in the rest of Europe than any number of exhortations from the IMF or the OECD. If we remain outside the euro, we will simply continue to subside into a position of relative poverty and inefficiency compared to our more prosperous European neighbours.