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IRELAND BAILOUT
- Why the European bailout is set to fail
Forecasts are predicated on "aspirational" growth of 2-3%. Moody's Investor Services cut Ireland's debt rating by five notches, with a nega...
- George Soros mistrusts EU aid as Ireland’s default risk soars
Irish bonds have rallied since the country secured the bailout on November 28 and as the European Central Bank bought the country’s securit...
- Fitch slashes Ireland’s credit rating, again
Ireland’s credit rating was cut three levels by Fitch Ratings to the lowest of any of the major rating companies after the country sought i...
- Euro hovers near two-month lows in Asia
The euro hovered near two-month lows in Asian trade Tuesday a day after falling sharply as Ireland's massive bailout plan failed to allay f...
- Euro slumps to two-month low on Ireland rescue, Korea fears
The euro hit a new two-month low on Monday and equities struggled, as Ireland's bailout failed to ease eurozone debt concerns.
- Europe fixes Ireland bailout, future rescue rules
The euro sank to a two-month low on Monday in a nervous first reaction to a multibillion-dollar bailout for Ireland that European governmen...
- Irish bailout fixed at 85 bn euros, 35 bn for banks
Finance ministers from 16 countries that share euro currency, plus non-euro Britain, Denmark and Sweden, unanimously agreed to it.
- Merkel, Sarkozy want quick bailout for Ireland
Merkel and French President Nicolas Sarkozy also called for a swift conclusion of the negotiations for an Irish bailout.
- Ireland unveils new budget, EU defends economies
Ireland has unveiled a 15-billion-euro austerity package as part of its requirements to unlock an international bailout, slashing public se...
- Irish bailout 'around 85 billion euros': France
The international bailout for debt-ridden Ireland will likely be worth around 85 billion euros, France's budget minister Francois Baroin sa...
- Portugal And Spain Next?
Fears that the infamous PIGS - Portugal, Ireland, Greece and Spain - would spell trouble for the world at large have resurfaced.
- Ireland set to redraw banking map
Ireland's banks will be pruned down, merged or sold as part of a massive EU-IMF bailout taking shape, the government said on Monday.
- Ireland agrees for EU-IMF rescue package to avoid bankruptcy
Ending weeks of opposition to a European Union bailout, heavily-indebted Ireland has agreed finally with the EU and the International Monet...
- Euro rises against US dollar
The 16-nation euro is up on the US dollar following Ireland's application for a massive EU loan to bail out its banking sector.
- Ireland swallows bitter pill, asks EU for loan
Debt-crippled Ireland has formally applied for a massive EU-IMF loan to stem the flight of capital from its banks.
- Oil over $82 after EU, IMF agree Irish bailout
Oil prices topped $82 in Asian trade as the euro's value soared following the agreement of a massive bailout for financially strapped Irela...
- Ireland may turn to EU for rescue
Ireland is considering asking for money for its banks from the European Union’s emergency fund in a bid to fend off a threatened bailout fo...