Ireland

Ireland: new politics, old problems, by Conor Ryan

Ireland’s election result is no less groundbreaking for having been largely predictable. Fine Gael is likely to form a strong government with Labour, between them holding 110+ seats out of 166 in the Dail. They will seek better terms than the crippling 5.8% interest rates that they have to pay on their European bailout loans. Read more...

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Dublin demos are just the start, by Tim Morgan

Bitter Irish resentment, anger and suspicion over the bailout process and yesterday’s austerity budget may be just the beginning of the coming political backlash in Europe. Read more...

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Misunderstanding markets, by Stephen Clarke

Yesterday the Irish government finalised a rescue deal worth €85bn for the country’s beleaguered banks. With all such large financial decisions, the initial test of success was seen to be the reaction of the markets. Read more...

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Bailouts and bubbles, by Malcolm Prowle

All eyes are currently focused on the financial crisis in Ireland and the imminent bailout from the International Monetary Fund and the European Union. Read more...

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