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Standard & Poor's upgrades Ireland

12.02.13 @ 15:57

  1. By EUOBSERVER

Standard & Poor's has upgraded Ireland's economic outlook from 'negative' to 'stable' raising expectations that Ireland will return to self-financing in 2013. The move follows last week's announcement on promissory notes for the now defunct Anglo-Irish bank and Irish Nationwide building society turning the bank debts into long-term government bonds,