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Euro-crisis: France could be the next in line after Italy and Spain (Photo: photosteve101)

Ireland downgraded to 'junk' in spiralling euro-crisis

US-based credit rating agency Moody's on Tuesday (11 July) downgraded Ireland's debt to junk status, amid growing market concerns about the stability of the eurozone as the debt crisis reaches Italy and Spain.

Citing the "growing possibility" that Ireland may need a second bailout at the end of 2013 and the "increased" likelihood that this bailout will require private sector participation, Moody's 100) { for (var key in ls) { if (key.includes('@based-authState')) { CTA.innerHTML = ''; break; } } } } } catch (e) {}