Economics
Ireland May Have One Month to Stave Off Bailout: Euro Credit
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Irish Finance Minister Brian Lenihan may have just one month to stave off an international bailout.
The extra yield that investors demand to hold Irish 10-year bonds over German bunds surged to a record today as Lenihan tries to put together a 2011 budget by Dec. 7 that convinces investors he can get the country’s finances in order.