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From The Sunday Times
February 15, 2009
Ireland ‘could default on debt’
Iain Dey
FEARS are mounting that Ireland could default on its soaring national debt pile, amid continuing worries about its troubled banking sector.
The cost of buying insurance against Irish government bonds rose to record highs on Friday, having almost tripled in a week. Debt-market investors now rank Ireland as the most troubled economy in Europe.
Continued here.
From The Sunday Times
February 15, 2009
Ireland ‘could default on debt’
Iain Dey
FEARS are mounting that Ireland could default on its soaring national debt pile, amid continuing worries about its troubled banking sector.
The cost of buying insurance against Irish government bonds rose to record highs on Friday, having almost tripled in a week. Debt-market investors now rank Ireland as the most troubled economy in Europe.
Continued here.