Ireland will probably need a second bailout after the current rescue program runs out at the end of 2013, Alan Dukes, chairman of IBRC, the former Anglo Irish Bank, said.
“The probability is that one will be needed if we look at the direction the markets are taking now,” Dukes said in a Bloomberg Television interview today. “The prudent thing is to assume that there will be a need for a continuation of the bailout program.”...
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