With the IMF heretics silenced, the Irish were left with no alternative. Prime Minister Lenihan admitted resignedly: “I can’t go against the whole of the G7.” For Ireland to haircut unilaterally would be “politically, internationally, politically inconceivable.”72 On November 28 Ireland agreed to accept 85 billion euros in emergency loans: 63.5 billion euros from the troika; the rest came in the form of bilateral support from other EU members, notably the UK, whose own financial markets had contributed so much to the debacle.
