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The European Union warned Monday that the turmoil over eurozone debt is now a threat to growth, which will slow next year, as markets gave a cool response to a weekend rescue for Ireland.With analysts ...
European governments' $113 billion bailout package for Ireland failed to quell market turmoil menacing the euro, as stocks and the currency declined and Spanish bonds slid ...
Irish Banks Rise as Junior Bondholders to Share Bill
BusinessWeek.com - 7:30pm Monday 29th of November 2010
BusinessWeek.com - 7:30pm Monday 29th of November 2010
Irish banks soared in Dublin trading as the government said it will make junior bondholders pay some of the cost of the 35 billion-euro ($46 billion) rescue package. ...
IMF-EU bailout terms will see Anglo Irish closed as early as January, scrapping government plans to run down the nationalised bank over 15 yearsThe closure of Anglo Irish, the toxic bank that fuelled ...
Irish Bailout Fails to Provide Relief for Markets: Euro Credit
BusinessWeek.com - 7:00pm Monday 29th of November 2010
BusinessWeek.com - 7:00pm Monday 29th of November 2010
The 85 billion-euro ($113 billion) bailout of Ireland failed to stabilize sovereign credit markets as bond yields in the euro region’s most-indebted countries rose to records. ...
A strategy to wind down Anglo Irish Bank's (AIB) loan book should be ready by the end of January, the Republic of Ireland's central bank says. ...
Irish Rescue Fails to Stem Turmoil; Spain Bonds Drop
BusinessWeek.com - 6:00pm Monday 29th of November 2010
BusinessWeek.com - 6:00pm Monday 29th of November 2010
European governments’ 85 billion- euro ($113 billion) bailout package for Ireland failed to quell the market turmoil menacing the euro as stocks, bonds and the currency declined. ...
Irish Banks’ Senior Bonds Rally as Investors Spared Sharing Loss
BusinessWeek.com - 6:00pm Monday 29th of November 2010
BusinessWeek.com - 6:00pm Monday 29th of November 2010
Irish banks’ senior bonds rose after the nation’s 85 billion-euro ($113 billion) bailout spared holders of the debt from having to share in lenders’ losses. ...
Nationalised lender Anglo Irish Bank could be closed for business in the new year, Ireland's Central Bank governor has said. ...
Irish, Spanish, Italian Bonds Slide as Aid Fails to Stem Crisis
BusinessWeek.com - 5:00pm Monday 29th of November 2010
BusinessWeek.com - 5:00pm Monday 29th of November 2010
Spanish 10-year bonds fell a 10th consecutive day and Italian securities slid as a European Union bailout package for Ireland failed to damp concern borrowing costs for high-deficit euro-area nations ...