Irish eyes smiling after shot of EU optimism

The July 2011 eurozone rescue deal will save Ireland almost a billion euros a year in interest payments, but analysts and politicians say the greatest impact may in fact be psychological – providing a battered economy with a much-needed shot of optimism.

ESO: Background information: Meeting of Heads of State or Government of the Euro area, Brussels, 21 July 2011: EU leaders agree €109bn Greek bail-out http://www.europeansources.info/record/meeting-of-heads-of-state-or-government-of-the-euro-area-brussels-21-july-2011-eu-leaders-agree-e109bn-greek-bail-out/

ESO: Background information: Ireland revives ‘haircut’ demand http://www.europeansources.info/record/ireland-revives-haircut-demand/

ESO: Background information: France resists Ireland’s low corporate tax http://www.europeansources.info/record/france-resists-irelands-low-corporate-tax/

European Commission: DG Economic and Financial Affairs: EU economic situation: Economies of the Member States: Ireland http://ec.europa.eu/economy_finance/eu/countries/ireland_en.htm

IMF: Ireland the IMF http://www.imf.org/external/country/IRL/index.htm

IMF: Press Release, No.281, 2011 (14.7.11): Statement by the EC, ECB, and IMF on the Review Mission to Ireland http://www.imf.org/external/np/sec/pr/2011/pr11281.htm

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