'Ireland Could Go Bankrupt' [Eire Region]

Daily MailMarch 18, 2009

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Summary


IRELAND faces the 'real possibility' of national bankruptcy unless radical action is taken in next month's Budget, a leading economist has warned.

The warning, from Dan O'Brien of the Economist Intelligence Unit, comes as the status of the Irish banking system was downgraded by ratings agency Standard & Poor's for the second time in four months.

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Extract


'Ireland Could Go Bankrupt' [Eire Region]

The scale of the danger facing the economy was chillingly underlined by Mr O'Brien, wh...

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