Let's talk about EU


Ireland: a year after the bailout

15.11.11 @ 09:01

  1. By Méabh Mc Mahon

(Photo: EUobserver)

Dublin - This month marks one year since Ireland received a €85bn EU-IMF bailout, after its once booming economy crashed alongside the bursting of a real estate bubble in 2008. Although ordinary Irish people were not responsible for the crisis, they are paying the price. With yet another tough budget coming up on 6 December, there is little optimism on the streets of Dublin.

Stay in touch

Making sense of the EU. To make sure you don't miss out, we offer different options for staying in touch.

  1. RSS