Professor Edward Kane:

First, instead of other states coming to the rescue, Ireland seemed to have been forced to help creditors in these other lands, like Germany. I do not think that would have been the way one would design for a crisis in a small country. Of course, Greece is the absolute poster child for all of this.

Ireland showed a lot of gumption in handling this situation for itself. It should have worked a harder deal with the rest of Europe but it was not in a position to dictate terms, I guess.