Posts Tagged IMF
Portugal’s pick me up
Posted by Natalie Hamill in European Union on 18/05/2011
After a tumultuous few weeks the Portuguese bailout has come one step closer to fruition, with Eurozone ministers having finally agreed the finer details of the three-year €78 billion loan intended to ‘safeguard financial stability in the euro area and the EU as a whole’.
Misunderstanding markets
Posted by Stephen Clarke in Economics, European Union, Politics on 30/11/2010
Yesterday the Irish government finalised a rescue deal worth €85 billion for the country’s beleaguered banks. With all such large financial decisions, the initial test of success was seen to be the reaction of the markets. Thus, we all had to wait until Monday before the markets opened to see how the Irish bailout was received by the financial sector.
