- Aug 23, 2009
As ECB, IMF Leave Ireland To Hang, Spreads Surge Again, Pass 630bps, 64 Wider | zero hedgeThe endgame for Ireland is at most a week away: outcome is simple - bailout or failure. One wonders which the central bankers will pick...
Honohan: IMF Package Would Look Same As Current Policies
Honohan: Irish Bank Borrowing From ECB Exceptionally Large
Honohan: ECB Would Like Irish Banks To Get Back To Self Reliance.
Honohan: ECB Won't Curtail Irish Banks' Access To Financing.
The Irish Bunds spread has now surged to 631, +64 bps on the day!
The wheels have come off the Irish debt juggernaut today. This government is drunk at the wheel, clueless and completely apathetic.
Plan B methinks