Daily News Channel
Europe debt crisis rolls on as Irish bailouts grow Ireland will have to pump euro12 billion ($16 billion) more into the country’s crippled banking system, dealing more grief to shellshocked Irish taxpayers. Coupled with the downgrade of Spain’s bonds by a third ratings agency, the news Thursday from Dublin provided more evidence that Europe has […]
Ireland Takes Over 2nd Bank as Bailout Bill Rises In a sweeping action meant to regain the confidence of jittery investors, the Irish government said Thursday that it expected to inject billions of additional euros into two of the country’s largest banks, underscoring the extent to which they continued to jeopardize Ireland’s economic condition. The […]