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Does Ireland's Recovery Hold Lessons For Greece?

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Irish Prime Minister Enda Kenny arrives for an EU summit at the EU Headquarters in Brussels on June 25, 2015. (Martin Bureau/AFP/Getty Images)
Irish Prime Minister Enda Kenny arrives for an EU summit at the EU Headquarters in Brussels on June 25, 2015. (Martin Bureau/AFP/Getty Images)

As the Greek debt crisis continues to escalate, many analysts - and Ireland's Prime Minister Enda Kenny - have been holding Ireland up as a model of how Greece should approach its economic recovery.

Like Greece, Ireland was hit hard by the European debt crisis and recession, and also received a bailout, in 2010. Unlike Greece, Ireland is recovering, and paying back its loans fairly quickly.

But is it fair to compare the two countries?

Here & Now's Jeremy Hobson talks with David Murphy, business editor for Ireland's national broadcaster, RTE News, about the differences between the Irish and Greek economies, and whether Greece has anything to learn from Ireland's recovery.

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This segment aired on July 10, 2015.

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