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Ireland accepts help

Ireland accepts help

November 29, 2010 No Comments

The debt crisis that has been tearing Europe apart has experienced another agreement that is working on establishing a safer economic state. Before it was too late and the threat to the currency became too large, Ireland was granted a $115 billion loan package on Sunday to help Dublin solve its huge budget deficit. In ...

Ireland is trying to avoid becoming the next Greece

Ireland is trying to avoid becoming the next Greece

November 9, 2010 No Comments

“It’s close to a buyers’ strike at this point,” said Jens Peter Soerensen, chief analyst in Copenhagen at Danske Bank A/S, a primary dealer in Irish government bonds. “Something needs to happen in the next few weeks to change the dynamic.” Ireland is struggling to convince the European Union that it will not be the ...