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Bailout

: Calculated Risk

Ireland: Talks Continue

By Anonymous

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Earlier posts:

Summary for last week

Economic schedule for this week

Not much new. Ireland officials are insisting they don't need help, and other European governments apparently pushing for Ireland to ask for a bail-out.

From the Telegraph: Ireland fights to stave off Ł77 billion bail-out

Talks went on into the night as Irish ministers insisted that they could manage their stricken finances but other Governments expressed concerns that an emergency bail-out may be required as early as today.
...
The key period, said officials, would be the reaction of the international market today to Irish and other eurozone bonds, especially Portuguese and Spanish government debt. Any sign of panic will lead to fears of so-called market contagion spreading from Ireland to Portugal, Spain and the wider eurozone.

Here are the Bloomberg links to check later for the Ireland, Portugal and Spain 10-year bonds. And Greece too.

Full post as published by Calculated Risk on November 14, 2010 (boomark / email).

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