Impending EU/IMF bailout tolls death knell for old Ireland; UK likely to provide loans
Nov 17th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The impending bailout from the European Union and International Monetary Fund - - EU/IMF - - tolls the death knell of old Ireland and the disastrous premiership of Brian Cowen. Compounding the temporary loss of sovereignty will be the sting that after 88 years of independence, the former colonial power, the UK, will likely be a contributor to the bailout loans.