Ireland Still Needs a Safety Net
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Six years after its banks collapsed under a ton of toxic mortgages, and three years after receiving a $93 billion international bailout, Ireland is about to make history: On Dec. 15, it will be the first euro-area country to emerge from its rescue program.
An inspection team from the European Union, the European Central Bank and the International Monetary Fund -- the so-called troika -- descended on Dublin on Oct. 29 for a 10-day negotiation over what comes next.