Long and winding road

Stability in the wider eurozone could be more decisive to Ireland's recovery than this week's referendum result, writes Jon Ihle.

26th May, 2012
A Socialist Party poster in Dublin urging a No vote in the upcoming referendum. Photo: Photocall

Ireland's road back to the capital markets and financial independence will take a decisive turn next week as voters cast their ballots in the referendum to decide whether or not the country will accept the EU fiscal compact.

As problems mount in the eurozone, politicians, government officials and market participants are preparing for the possibility that Ireland's path back to the markets could also be blocked by forces beyond our control, such as political upheaval...

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