The European Tribune is a forum for thoughtful dialogue of European and international issues. You are invited to post comments and your own articles.
Please REGISTER to post.
120 bn total exposure is not the same as 120 bn exposure to government debt.
Why yes, yes it is, since Ireland took leave of its senses and bailed out their own banks, that's precisely what it is. Unless you are in the minority that believes that Ireland has a single solvent bank left with overseas liabilities. In which case I have a "competitiveness" reform to sell you.
It's this bailout that the "Irish rescue" - at usurious 5.7 % interest - is now trying to prevent from collapsing (as it should by any right).
Friends come and go. Enemies accumulate.
by Bernard - Apr 24 25 comments
by Frank Schnittger - Apr 27 5 comments
by Frank Schnittger - Apr 27 25 comments
by Bernard - Apr 6 5 comments
by fjallstrom - Apr 2 57 comments
by gmoke - Apr 28
by Frank Schnittger - Apr 275 comments
by Frank Schnittger - Apr 2725 comments
by Bernard - Apr 2425 comments
by gmoke - Apr 11
by Bernard - Apr 65 comments
by marco - Apr 430 comments
by fjallstrom - Apr 257 comments