Ireland : lessons from its recovery from the bank-sovereign loop, Paperback / softback Book

Ireland : lessons from its recovery from the bank-sovereign loop Paperback / softback

Paperback / softback

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Ireland's major property bubble burst at the same time as the global financial crisis erupted, plunging the country into a severe recession in 2008-10.

Public debt climbed rapidly as revenues collapsed. The government lost access to market financing at manageable interest rates, and Ireland entered into a three-year programme of financial assistance from the European Union (EU) and IMF.

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