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Category Archives: Ireland
The Irish crisis: Is it too late to cancel Christmas?
Thank goodness the UK is not in the eurozone. Ireland is on the verge of another banking crisis due to an ill-advised lending policy, which fuelled a property boom which turned to bust during the recession. Although the Irish government initially said that it did not need any help, the EU has sent the ‘heavies’ in, with the European Central … Continue reading
Tags: banking sector, euro zone., European Central Bank, government borrowing, IMF, Interest rates, Ireland
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