Reuters - Video

EDITION: U.S. | U.K. | IN

Top News

Ireland: 5 steps back from the brink

Friday, February 08, 2013 - 02:04

Feb. 8 - From the brink of collapse to recovery, in just a few years. Ireland’s financial rehabilitation has been painful, but the scars are healing. We look at 5 key steps Dublin took on the road to recovery.

▲ Hide Transcript

View Transcript

And late 2010 and Ireland was on the brink of financial collapse. Thanks when people think -- -- -- -- of international markets and forced into a 67 billion you don't need program. And now it's back in the bond market -- -- existing not program columnist and deal with European Central Bank borrowings. It's a hundred islands and so quickly to disasters on. Cents excluding. This policy has -- disastrous increase in Ireland has a more open flexible the next morning when the economy and it's what has been better able to withstand shocks from the trust expending tons. And -- July 2011. Brussels cut interest rates island paint on his longs to between three and a half and former science. That was down from 6%. And it doubled the -- nine to fifteen years. In September -- that -- and upset and cut the interest rates on his 22 and a half billion -- alone coming from the. -- in the summer of 2011 island -- -- to fight since they aren't violent. This came out of tying when it seems and we -- joined him on the bank and stained hands so welcome signal to the market. And -- -- 2012 as yields fell below 8%. Island that has told in the international council -- and some. It's very small would lead to an island to become the first violent country to -- long time and six months -- it's been in the -- 2015. The -- I'm from long time country's huge demand for investment. Fast forward to January 2013 and islands government rushes through emergency legislation to liquidate the field Heinlein and buying this wasn't necessary steps in Dublin no longer have to -- three point one million -- -- a kind of payments to the Sunday. And it's on an eighteen months of fractious negotiations with the Frankfurt. No wonder Irish eyes at least these ones and smiling. Jamie gave up four runs.

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

Ireland: 5 steps back from the brink

Friday, February 08, 2013 - 02:04

Editors' Picks »

Most Popular »

Business »

Moving Pictures »

Images of October Images of October

Mon, 03 Nov, 2014 - (0:57)

The world in a city The world in a city

Fri, 31 Oct, 2014 - (1:30)

Real-life superheroes Real-life superheroes

Tue, 28 Oct, 2014 - (1:44)

Dance of the northern lights Dance of the northern lights

Mon, 20 Oct, 2014 - (1:08)

Images of September Images of September

Thu, 02 Oct, 2014 - (1:00)

Still missing – MH370 Still missing – MH370

Fri, 05 Sep, 2014 - (2:05)

Burning Together Burning Together

Mon, 01 Sep, 2014 - (2:23)

Mending dolls, teddies and hearts Mending dolls, teddies and hearts

Fri, 22 Aug, 2014 - (3:12)

Images of August Images of August

Fri, 29 Aug, 2014 - (1:00)

"Old timers" sail the Chesapeake Bay "Old timers" sail the Chesapeake Bay

Mon, 11 Aug, 2014 - (2:27)

Reuters Investigates »

Where the sea is closing in Where the sea is closing in

Thu, 20 Nov, 2014 - (3:41)

Re-homing victim: "I could have been dead" Re-homing victim: "I could have been dead"

Wed, 19 Feb, 2014 - (8:24)

Cops and loggers in the Amazon rainforest Cops and loggers in the Amazon rainforest

Fri, 10 Jan, 2014 - (4:01)

"Passed around like a dog" "Passed around like a dog"

Thu, 29 Aug, 2013 - (6:32)

Adopted, then abandoned online Adopted, then abandoned online

Thu, 29 Aug, 2013 - (13:22)

How the DEA keeps its secrets secret How the DEA keeps its secrets secret

Mon, 05 Aug, 2013 - (1:36)

How education lost its role as the great equalizer - Reuters Investigates How education lost its role as the great...

Mon, 17 Dec, 2012 - (7:52)

Jihad Jane: From abused child to American jihadist - Reuters Investigates Jihad Jane: From abused child to American...

Sun, 09 Dec, 2012 - (10:02)