Tuesday October 27, 2020

Desperately seeking European solutions to a European problem

Ireland is doing its bit, but the problem now is that the EU plan to deal with the wider financial crisis still has some gaping holes in it

16th July, 2011
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Like the boy who cried wolf, the media has been warning for so long about risks to the euro that people could be excused for ignoring the latest outbreak of wailing.

But make no mistake - the tremors that hit the Italian and Spanish bond markets during the week were seismic. For the first time, the EU’s leaders were confronted with what is now a real and present threat to the future of the currency...

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