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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.