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Photo Gallery: Ireland's Dangerous Debts

Foto: PETER MUHLY/ AFP

Model Reformer in Trouble Ireland Lobbies to Have Europe Share Banking Risk

Ireland's reform policies have been widely praised for helping it emerge from the crisis, but the truth is bleaker. If the government fails to get European taxpayers to assume some of the risk of its ailing banking sector, the country could soon require another bailout.
Translated from the German by Paul Cohen