Staying the fiscal course

Sir, – In your editorial "Staying the fiscal course" (June 18th) you set out reasons for supporting a fiscal adjustment of €2 billion.

As almost an aside, in an attempt to give the piece some balance, you state that the adjustment to date “has taken its toll”, without spelling out in equal detail what that toll has been.

Perhaps you would allow me to elucidate that statement? The people have been ground down. – Yours, etc,

GILES FOX,

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