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Category Archives: Ireland’s sovereign bond rating
A report from Goodbody Stockbrokers has argued that the State cannot bear the losses from the banking crisis on its own. In a report on Irish debt levels, Goodbody says there should be some form of risk-sharing with bondholders. But … Continue reading →
MONDAY’S jump in banking stocks was followed by a hangover yesterday as the country’s lenders pared most of the gains posted in the session. Bank of Ireland fell 4pc to 69c after Standard & Poor’s (S&P) cut its outlook to … Continue reading →
SAN FRANCISCO (MarketWatch) – Standard & Poor’s Ratings Services downgraded Ireland’s credit rating Tuesday on concern about the cost of bailing out the country’s ailing banks. S&P lowered Ireland’s long-term sovereign credit rating to AA- from AA and kept its … Continue reading →
Unelected Taoiseach Cowen has criticised what he called the pervasive negativity in the media about the Irish economy. Commenting on the downgrading of the economy by Moody’s, Brian Cowen said the National Treasury Management Agency had made clear we … Continue reading →