Saturday April 4, 2020

Ireland bottom of eurozone report into financial stability

Ireland is in the worst financial position of all the eurozone countries, according to a new report from economists at Royal Bank of Scot land (RBS).

14th February, 2009

They estimate that total banking losses in Ireland could reach ���30 billion, which is significantly higher than existing estimates by the government or banks. The RBS ‘fragility index’ measures the financial position of each eurozone country on the basis of nine measurements, such as household debt, public debt, foreign funding and current account balance.

Ireland comes last in five of the nine sub-indices. According to the report, Ireland faces huge pressure in funding its...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 3 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago