Dawn in the West; Ireland and the Euro Crisis  

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Jenis: Article from Bulletin/Magazine
Dalam koleksi: The Economist (http://search.proquest.com/) vol. 406 no. 8817 (Jan. 2013), page 9-10.
Topik: Economic Conditions; Economic Recovery; Sovereign Debt; Statistical Data; Bailouts

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Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29.75 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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By the end of 2013 Ireland could leave its bail-out programme and stand on its own feet again. An Irish recovery would provide a boost for Europe and its de facto leader, Angela Merkel, the German chancellor, as much as for Ireland and its prime minister, Enda Kenny. Unlike the struggling countries of southern Europe, Ireland has a good story to tell. Last year it dodged the euro zone's wretched recession. Unit labour costs in the country have come down sharply, making the economy more competitive. That has enhanced Ireland's allure for foreign companies. But a happy ending is by no means assured. Ireland's very reliance on foreign firms creates both economic and fiscal vulnerabilities.

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