Irish bail-out fails to calm sentiment

Author (Person)
Series Title
Series Details 30.11.10
Publication Date 30/11/2010
Content Type

One day after the bail-out for Ireland on the 28 November 2010 the article looks at how markets reacted. The overall mood was that the Irish rescue had failed to contain the fears of contagion washing over the eurozone. Markets’ attention was increasingly moving from the smaller countries of the so-called periphery, such as Ireland, Greece and Portugal, and centring on Spain and Italy, two of the eurozone’s biggest economies.

Related Links
ESO: Background information: Ministers sign off on €85bn Ireland deal http://www.europeansources.info/record/ministers-sign-off-on-e85bn-ireland-deal/
BBC News, 28.11.10: Markets fall after Irish Republic 85bn euro bail-out http://www.bbc.co.uk/news/business-11860879

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