ireland

Ireland is set to return to the sovereign debt markets on Thursday. The nation will hold its first debt auction since September 2010. Ireland is currently one of three nations in the Troika's bailout program. In 2008, Ireland's six largest banks lost over $125 billion due to souring property loans...

Henry Hill, the mobster who became a household name thanks to Martin Scorsese's gangster classic "Goodfellas," has passed away at the age of 69. The cause of death is still unknown. Hill, portrayed by Ray Liotta in "Goodfellas," was a member of the Lucchese crime family before becoming an FBI...

As the UEFA European Championship, commonly known as Euro 2012, continues through the first matches of the group stage, an interesting pattern arises. Of all sixteen nations in the tournament, only three nations, the Czech Republic, Italy, and Ireland, have not defaulted since the year 1300....

As the European Debt Crisis has now taken down its fourth nation, now batting .800 or four out of five, let us discuss the bailout that may not be as stellar as originally thought. As I wrote on Friday, a European TARP could not work, and so the question became of what shape would the Spanish bank...

There was more bad news out of Europe on Thursday when the European Union's statistics agency Eurostat announced that unemployment in the euro zone had climbed to a euro era record high and inflation was on the rise too. Eurostat said that unemployment across the euro zone had reached 10.7 percent...

Irish Prime Minister Enda Kenny announced today that the Irish people will be given the choice of whether or not to accept the European Union's new fiscal treaty. The fiscal compact requires national budgets to either be in balance or be in surplus and contains correction mechanisms that will...

Italian Prime Minister Mario Monti is asking his country's parliament to pass another round of austerity measures aimed at preventing an Italian default. The latest set of austerity measures being presented to the Italian Parliament is said to be around 30 billion euros ($40 billion). The measures...

European Central Bank President Mario Draghi told the European Parliament on Thursday that the eurozone must become more integrated. Draghi said that the most important step in leading the eurozone out of its current sovereign debt crisis would be to create a new "shared fiscal compact" in which...

Finance ministers from the 17 countries that use the euro as their currency met on Tuesday in yet another effort to avoid a financial collapse that could mean the end of the euro. The finance ministers are discussing a wide range of possible solutions to the current sovereign debt crisis. The...