Tag: euro
SubscribeWill Ireland go bankrupt? Economic historian sheds light on latest eurozone crisis
November 22, 2010:
UC Berkeley economic historian Barry Eichengreen, an expert on the international monetary and financial system, discussed the Irish economic crisis at a campus seminar Nov. 17. He said Ireland needs to restructure much of the bank debt that its government has effectively taken onto its balance sheet — debt that could reach a staggering 130 percent of GDP in the coming year.
