ireland real estate

Ireland's Austerity Budget:
Not Likely to Avoid Default

Simply put, the losses Irish taxpayers will be forced to cover are larger than the nation's economy can support, even with the promised bailout. The EU and Irish political leadership's attempts to put a brave face on the crisis is no match for this crippling burden.

Ireland to Overhaul Banking Sector as Part of Rescue Package

Ireland May Take 'Very Substantial' Loan, Top Official Says

Europe and IMF to Discuss Aid Package for Irish Banks

Ireland in Talks With European Officials About 'Market Conditions'

EU Will Support Ireland 'If Needed'

Ireland Bank Bailout Could Cost $68 Billion

The Irish government is working to take majority control of one struggling troubled lender and to inject yet more cash into another. The moves could push the cost of Ireland's bank bailout to as much as $68 billion. "The Irish banking system is at rock bottom," one expert says.