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.
It did not help that the Irish Minister of Finance announced Ireland has 74.2bn euros of guaranteed bank loans, bonds, and systemic support falling due between now and Oct 1. This is around 55% of GNP. It sounds like everyone backed by the Irish government had the "clever" idea to roll over their debts to just before the guarantees expire.
This is financial tragi-comedy at its finest! A government dedicated to insuring that its feckless financial elites do not suffer for their folly, and who is praised by the WSJ for so doing, is brought low by the markets. A classic "What have you done for me lately!" "It is not necessary to have hope in order to persevere."
by gmoke - Jun 6
by Oui - Jun 181 comment
by Oui - Jun 1710 comments
by Oui - Jun 166 comments
by Oui - Jun 16
by Oui - Jun 162 comments
by Oui - Jun 1511 comments
by Oui - Jun 141 comment
by Oui - Jun 14
by Oui - Jun 13
by Oui - Jun 12
by Oui - Jun 11
by Oui - Jun 104 comments
by Oui - Jun 101 comment
by Oui - Jun 99 comments
by Oui - Jun 93 comments
by Oui - Jun 86 comments