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Dublin's Merkel Problem Irish Debt Causing New Jitters Across Europe

Chancellor Angela Merkel wants to establish a bankruptcy mechanism for troubled euro-zone countries. But with uncertainty rampant about what such a procedure would look like, Ireland is suddenly faced with horrific borrowing costs. Some suspect Dublin may soon have to ask the EU for help.
Monopoly houses and hotels in the Liffey River in the heart of Dublin: Investors are once again concerned about Irish debt.

Monopoly houses and hotels in the Liffey River in the heart of Dublin: Investors are once again concerned about Irish debt.

REUTERS
cgh -- with wire reports
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