iOS app Android app

Ireland Bailout

Countries Can Come Back From the Dead -- Exhibit A, Ireland

Emmet Oliver | Posted 01.07.2013 | Business
Emmet Oliver

While serious questions remain over the cost of obtaining money for Ireland when that moment arrives, the sheer fact that Ireland can now talk about leaving behind its official lenders is highly significant, and not just in Ireland, but further afield.

From Ireland to Greece: Tragedy and Renewal in the Eurozone Crisis

Sean Kay | Posted 09.05.2012 | World
Sean Kay

What struck me most in talking to people in Athens and other parts of Greece was how common the refrains were from my visits to Ireland. People in both countries want the world to know the pain they are feeling.

Ireland: Our Bailout Is Just As Good As Spain's Bailout

Reuters | Posted 08.11.2012 | Business

* Spanish PM, Irish opposition say Spain got better deal * Irish govt says some of its terms better than Spain's * Says ...

Into the Euro Danger Zone

Sean Kay | Posted 01.29.2012 | World
Sean Kay

The Irish people merit a direct discussion of how the next stage of the economic crisis will affect the nation. If the logic behind the Irish bailout no longer applies in systemic terms of contagion prevention, then what should the Irish and others do?

How Ireland Can Lead the Way for the Global Economy

Sean Kay | Posted 09.26.2011 | World
Sean Kay

As the rest of the world looks with shock at what went wrong in Ireland and as Irish anger grows, it is time to refocus discussion on what Ireland can do for itself.

No More Bailouts For Ireland, Though

Posted 07.30.2011 | Business

DUBLIN (Carmel Crimmins) - Ireland's government moved on Monday to quash speculation it would be forced to seek a second EU-IMF bailout and said i...

Irish Banks Might Need Another Expensive Bailout

Posted 05.25.2011 | Business

BRUSSELS - European finance ministers will decide on any necessary changes to Ireland's bailout programme after the results next week of stress te...

Debt-hit Ireland Faces Toughest Budget Cuts In History

AP | SHAWN POGATCHNIK | Posted 05.25.2011 | Business

DUBLIN — Ireland must endure the toughest cuts and tax hikes in its history as an unavoidable price for saving the debt-burdened nation from ban...

Irish Official: Bailout Deal Coming Sunday

Wall Street Journal | By QUENTIN FOTTRELL | Posted 05.25.2011 | World

DUBLIN--Irish Communications Minister Eamon Ryan said Saturday that talks between the EU and the International Monetary Fund on an €85 billion ($112...

Ireland Unveils Harshest Cuts, Tax Hikes In History

AP | SHAWN POGATCHNIK | Posted 05.25.2011 | World

DUBLIN — Ireland unveiled the harshest budget measures in its history Wednesday, a four-year plan to slash deficits by euro15 billion ($20 billi...

Economists Say Forget The Bailout, Ireland Should Default | LANDON THOMAS Jr. | Posted 05.25.2011 | Business

Many experts now say that bailouts only delay the inevitable. Instead of further wounding their economies with drastic budget-slashing, the specialist...

Irish Premier Faces Early Election Over EU Bailout

AP | SHAWN POGATCHNIK | Posted 05.25.2011 | World

DUBLIN — The Irish government stood on the brink of collapse Monday, a day after being forced to accept a massive bailout from the European Unio...

Nouriel Roubini Warns Of A Domino Debt Collapse In Europe

CNBC | Posted 05.25.2011 | Business

But the nub of the crisis is this: "We have decided to socialize the private losses of the banking system. Now you have a huge increase in public debt...

Ireland Bailout May Be Near As U.K. 'Stands Ready' To Offer Aid

AP | GABRIELE STEINHAUSER | Posted 05.25.2011 | Business

BRUSSELS — European officials geared up to travel to Ireland and lift the lid on just how bad the country's banking woes are, as EU finance mini...

Ireland Credit Rating Slashed To 3 Grades Above Junk

AP | SHAWN POGATCHNIK | Posted 05.25.2011 | Business

DUBLIN — Moody's slashed Ireland's credit rating five notches on Friday and warned of further downgrades if the country cannot regain command of...

EU Debt Crisis Is 'Systemic,' According To Official's Warning

Posted 05.25.2011 | Business

BRUSSELS/BERLIN (By Jan Strupczewski and Erik Kirschbaum): European Union leaders will be warned on Thursday that a rolling debt crisis poses a syste...

Ireland Passes Bailout Package, Despite Opposition To Cuts

Posted 05.25.2011 | Business

DUBLIN (By Carmel Crimmins): Ireland's parliament approved a multi-billion euro EU/IMF bailout package on Wednesday in the face of opposition threats...

Ireland Discloses Bailout Deal Details

AP | DAVID STRINGER | Posted 05.25.2011 | Business

DUBLIN — Ireland must consult the IMF and European authorities over any major change to its economic policy, according to documents disclosed We...

WATCH: Ireland Bailout Gets Skewered By Taiwanese Animators

Posted 05.25.2011 | Business

It was inevitable, but the massive bailout of Ireland has finally got the Taiwainese animation treatment. Ireland, once heralded as a model of grow...

Irish and Greek Defaults Will Reshape Europe

Jeffrey Rubin | Posted 05.25.2011 | Business
Jeffrey Rubin

Clumping fiscally wayward economies with much lower per-capita incomes, like Portugal, Spain, Ireland and Greece, into a common currency union with Northern Europe is not sustainable.

France, Germany Say The Euro Is Safe, But Investors Aren't So Sure

Posted 05.25.2011 | Business

BERLIN/PARIS (By Erik Kirschbaum and Daniel Flynn): Germany and France declared on Monday that Europe had taken decisive action to save the euro by re...

The Eurozone Endgame: Four Scenarios | Posted 05.25.2011 | Business

In the aftermath of the Irish bailout, the German proposal for a future sovereign and/or senior bank debt restructuring mechanism within the eurozone ...

EU Agrees To $89 Billion Bailout For Ireland

AP | GABRIELE STEINHAUSER and SHAWN POGATCHNIK | Posted 05.25.2011 | Business

BRUSSELS — European Union nations agreed to give euro67.5 billion ($89.4 billion) in bailout loans to Ireland on Sunday to help it weather the c...

EU Denies Pushing Portugal Towards A Bailout

Posted 05.25.2011 | Business

BERLIN/LISBON: European officials denied "absolutely false" reports Portugal was under pressure to seek a bailout and Spain ruled out on Friday needin...

Portugal Braces For Next Wave Of Speculative Trades After Ireland Crisis

AP | BARRY HATTON | Posted 05.25.2011 | Business

LISBON, Portugal — Portugal is bracing for an increase in speculative trades against it as some investors expect it to be the next European nati...