Monday, March 12, 2012

Ireland puts in a bid for Euros before Spain

Ireland in talks on EU-IMF deal to boost banks

"Ireland is lobbying its international creditors to allow it to shift the burden of loss-making mortgages from some of its banks" ("Tracker mortgages make up more than 50 percent of Irish banks' residential property loans and although performing, they are not earning due to a mismatch between high funding costs and the low ECB rate which the products track")."Analysts are divided as to whether Ireland's national debt, which is forecast to peak at 119 percent of GDP in 2013, is sustainable"

Posted by alan @ 08:19 PM (900 views)
Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>