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Big bailout for a small economy

The cost of rescuing Ireland's Anglo Irish Bank could be as high as $46 billion, more than a fifth of the country's GDP and more than its total deficit in 2009.


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E.U. nations consider Irish bailout to calm markets
Article | European Union officials are hashing out a possible $100 billion aid package for Ireland to help shore up that nation's devastated banking sector, even as Irish officials continue to deny that the financially troubled nation needs a bailout.
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Debt concerns hit Ireland, Portugal
Article | Fears that Europe could see another Greek-like debt crisis unfold in Ireland or Portugal escalated Tuesday, with investors selling off their bonds and analysts warning that both nations might be heading into critical periods that could trigger bids for bailouts.
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Bond sell-offs fuel fears that Ireland, Portugal will go the way of Greece
Article | LONDON - Fears that Europe could see another Greek-like debt crisis unfold in Ireland or Portugal escalated Tuesday, with investors selling off their bonds and analysts warning that both nations might be heading into critical periods that could trigger bids for bailouts.
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5 Myths about the European debt crisis
Article | Just when the American economy appeared to be on the mend, a new crisis is stressing global financial markets. Greece's difficulty in financing its bloated budget deficit -- and the prospect that its debt troubles will spread throughout Europe and beyond -- is dominating the news. The euro has sh...

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