Ireland, facing similar debt burdens (almost 125% of its GDP), also requested a bailout program in 2010 from the ECB and the IMF. Portugal, whose debt to GDP ratio reached 100%, is (in April 2011)...


Ireland, facing similar debt burdens (almost 125% of its GDP), also requested a bailout program in 2010 from the ECB and the IMF. Portugal, whose debt to GDP ratio reached 100%, is (in April 2011) near the end of discussions before accepting a bailout package, and Spain is also on a similar path.



May 24, 2022
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