Sunday 3 July 2011

How the market see the Ireland debt crisis

Berry Fleming, who were dismissed from a leading retailer recently, makes sense in the main shopping in Dublin area. Photo: AFP

"Irish bond price action has become infamous Recalling that observed earlier this year with the Greece as investors concluded that problems are simply too great." - David Scammell, head of the United Kingdom and the strategies of the Schroders European interest rates


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"" The strains in the banking system are intensifying, dependence on the ECB, more liquidity and Ireland appears to be under mounting pressure in the euro area to ask for help. ""HSBC


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"Unless the steps of the ECB of its commitment, the probability Ireland must seek external support... will continue to increase,"-UBS ".


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"Until fiscal Ireland challenges are resolved, uncertainty should also keep the euro under pressure," -UBS.


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"EU policy makers appear to be worried that the Ireland problems could spill over to the rest of the so-called economy of swine," - Neil MacKinnon, an economist at VTB capital.


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