Irish PM loses support of key independent

Article reports that Ireland’s worsening economic crisis took a dangerous political twist on the 24 September 2010 with the announcement that a key independent deputy would no longer vote with the government.

This and adverse opinion polls for the government added to pressure on Brian Cowen, the Irish Prime Minister as he battles to restore investor confidence as Ireland’s cost of borrowing hit record highs this week amid concern over its ability to finance the budget and recapitalise its ravaged banking sector.

Irish Times, 24.9.10: Grealish withdraws supportGrealish withdraws support http://www.irishtimes.com/newspaper/breaking/2010/0924/breaking25.html

ESO: Background information: Fianna Fáil calls truce http://www.europeansources.info/record/fianna-fail-calls-truce/

ESO: Background information: Ireland’s economic recovery stalls / Ireland’s CDS jump to record levels http://www.europeansources.info/record/irelands-economic-recovery-stalls-irelands-cds-jump-to-record-levels/

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