Wounded Celtic Tiger Is Slowly Recovering
It remains to be seen how successful Ireland will be, with the eurozone's economy still floundering, Germany's slowing, and problems continuing within its own borders.
Ireland Investors Warned of Coming Losses
Ireland’s bonds have been the second-best-performing in the eurozone in 2012, but a Citigroup economist says that the country’s hopes to avoid debt restructuring by raising money in the markets are premature.
Greece, France Jockey for Change
Alexis Tsipras of the Syriza party in Greece has given leaders of other parties an ultimatum: reject the bailout and its tough conditions, or be shut out of the government.
Irish Vote to Support E.U. Fiscal Treaty Could Be at Risk
With support for the current Irish government falling, an upcoming referendum on acceptance of the latest E.U. fiscal treaty could be at risk as support for the opposition rises.
Irish Seek to Keep Debt Off Balance Sheet
A move by the Irish government in March to buy Irish Life Assurance for 1.3 billion euros ($1.7 billion) could jeopardize its attempt to keep 30 billion euros in debt off its balance sheet, after the deal changed the status of a special-purpose vehicle that owns the debt.
Ireland to Use Bond, Not Cash, to Make Payment
Ireland will make a scheduled payment of 3.1 billion euros to the Irish Bank Resolution Corp. at the end of March with a bond, not with bailout cash.
Ireland Sees Opportunity in Greek Solution
The deal brokered by the euro zone nations to save Greece from default has opened a window of opportunity for Ireland in which Dublin may seek relief for its own wounded economy.
Ireland Slashed to Junk; EU Considers Greek Default
Moody's downgraded Ireland's debt to junk status as the EU pondered options to deal with the crisis in Greece.
Moody’s Hammers Irish Bank Debt
Moody’s Investors Service on Friday downgraded the unsecured, unguaranteed senior debt of six Irish banks in the wake of news that the outgoing Irish government would not fund banks before it left.
Outgoing Irish Government Throws Curve; Moody’s Downgrades Bank Securities
The outgoing Irish government has dropped a bomb on the incoming politicians, declining to recapitalize the nation’s banks and leaving it to the opposition to decide if and when banks should be funded.