Bailout number two – is it worth it?

By Business Editor David Murphy @davidmurphyRTE An intriguing characteristic of this crisis has been the fact that the impossible can miraculously become possible. Germany had been opposed to giving Ireland a deal on bank debt. Then last weekend after some speed diplomacy between Chancellor Angela Merkel and Taoiseach Enda Kenny, Ireland was designated as a “special” case. And on Friday, in an interview with our Europe Editor Tony Connelly, a key member of Germany’s Christian Democrats has raised the possibility of an …