Weighing up the pros and cons of a bailout

While most people think intervention by an outside agency would harm Ireland, others argue that it could be exactly what is needed

13th November, 2010
Weighing up the pros and cons of a bailout
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While most people think intervention by an outside agency would harm Ireland, others argue that it could be exactly what is needed

It’s the sword of Damocles that hangs over all of the government’s budget calculations: if it doesn’t do enough to stabilise the country’s finances, the threat of an international bailout looms ever larger.

As the cost of Ireland’s borrowing climbed higher last week, indicating a...

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