Monday, November 22, 2010

Ireland Crisis

”Ireland’s crisis is the fault of Fianna Fáil, not just the euro”
The government of Ireland sought a European Union-International Monetary Fund bailout over the weekend, finally succumbing to pressure from its fellow Eurozone members and panicked financial markets. That makes Ireland the second of the Eurozone’s 16 members to require a rescue, after Greece got a $150 billion package in May. Ireland’s will likely be smaller – perhaps $110 billion over three years — though the

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