Home > Global news > Weak Economy May Force Second Bailout of Ireland

Weak Economy May Force Second Bailout of Ireland

Saturday, 02 July 2011 06:37

‘As Europe struggles to put together a second bailout of Greece, to supplement the rescue effort launched last year, the crisis may force a second bailout of another indebted country in the region: Ireland.

Dublin, which signed up to an 85 billion euro (76.7 billion pound) bailout from the European Union and the International Monetary Fund last November, is hoping to generate enough economic growth over the next two years to decouple itself from Greece in the minds of investors.’

Read more: Weak Economy May Force Second Bailout of Ireland

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