Relevant:
- Ireland's "String and Sealing-Wax Fix"; Irish PM Loses Confidence of Own Party; European Sovereign Default Risk Hits All Time High
- If Greece Defaults, What Happens to Portugal and Ireland--and Spain?
- The Future of Mortgage Rates and the European Debt Crisis
- European Bond Market Meltdown; ECB is Buyer of Only Resort for Greece, Ireland and Portugal
- Fitch says comprehensive solution to eurozone crisis is 'beyond reach' - Places Italy, Spain, Ireland, et al on Rating Watch Negative
2010-11-29 — telegraph.co.uk
``Spreads on Italian and Belgian bonds jumped to a post-EMU high as the sell-off moved beyond the battered trio of Ireland, Portugal, and Spain, raising concerns that the crisis could start to turn systemic. It was the worst single day in Mediterranean markets since the launch of monetary union... Investor reaction comes as a bitter blow to eurozone leaders, who expected the €85bn (£72bn) package for Ireland agreed over the weekend to calm "irrational markets". ''
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