SPIEGEL ONLINE
- February 29, 2012
Irish Prime Minister Enda Kenny has announced his country will hold a referendum on Europe's fiscal pact. A "no" vote in Ireland could cause uncertainty on the financial markets and even put the future of the common currency in doubt. But with the country still dependent on EU aid, the Irish can't afford to say no. By Carsten Volkery in London more... [ Forum ]
SPIEGEL ONLINE
- November 15, 2011
Ireland, which has received billions in aid from the European Union and the International Monetary Fund, is setting the example for how to make painful cuts to get the country back on track in the debt crisis. But the success of the country's rescue will also hinge on economic developments in Europe and the United States. By Marco Evers more... [ Forum ]
SPIEGEL ONLINE
- July 14, 2011
For a while, Europe's common currency crisis seemed to be cooling down. But this week Italy joined other debt-ridden euro-zone countries in the crosshairs of the financial markets. Europe's indebted nations are fighting to get their houses in order -- with some success. By Carlo Angerer, David Böcking and Yasmin El-Sharif more...
SPIEGEL ONLINE
- July 13, 2011
Just one week after downgrading Portuguese debt to junk status, the rating agency Moody's has slashed its rating of Irish debt. The move comes despite growing official anger in Europe at the power of the big three rating agencies. But a new aid package for Ireland, Moody's believes, may be unavoidable. more...
SPIEGEL ONLINE
- June 23, 2011
The European Union is in bad shape. Not only is the common currency in a shambles and the economies of many member states moribund, but young Europeans no longer see how the EU helps them. Millions of them are taking to the streets to demand a future. By SPIEGEL Staff
more... [ Forum ]
SPIEGEL ONLINE
- May 24, 2011
While Europe is preoccupied with a possible restructuring of Greece's debt, huge risks lurk elsewhere -- in the balance sheet of the European Central Bank. The guardian of the single currency has taken on billions of euros worth of risky securities as collateral for loans to shore up the banks of struggling nations. By Matthias Brendel and Christoph Pauly more... [ Forum ]
SPIEGEL ONLINE
- May 23, 2011
Three-percent Irishman "Barack O'Bama" began his European visit at his ancestral home in Ireland on Monday. The US president is using the tour to generate important photos for his re-election campaign. But his meetings with the leaders of Britain and France are also aimed at boosting the Atlantic alliance. more...
SPIEGEL ONLINE
- May 18, 2011
Her outfit was a symbolic green, and a rare smile was planted firmly on her face -- Queen Elizabeth II made all the right gestures at the beginning of her state visit to Ireland. But a fear of violence continues to overshadow the four-day stay. By Carsten Volkery more...
SPIEGEL ONLINE
- April 01, 2011
Ireland's banks performed so badly in the latest EU stress tests that the country's last remaining major independent financial institutions will likely be nationalized. The entire banking sector is set to radically shrink, but that might carry significant risks for Ireland's European partners. By Carsten Volkery more... [ Forum ]
SPIEGEL ONLINE
- March 30, 2011
In the battle to save its common currency, Europe is too busy focusing on the same old failed policies. Rather than set aside ever higher sums for bailouts, the bloc needs to set up an independent institution to oversee the debts of EU nations. An Essay by Michael Sauga more... [ Forum ]