Pressures on Dublin grow as debt costs soar and MP resigns

Article reports that Ireland’s political and financial crisis deepened on the 2 November 2010 as the country’s cost of borrowing hit fresh highs. Fears also rose that Dublin would struggle to pass a critical budget to rein back its deficit owing to the resignation of a senior backbencher, Jim McDaid.

ESO: Background information: Debt costs jump for Dublin and Lisbon http://www.europeansources.info/record/debt-costs-jump-for-dublin-and-lisbon/

ESO: Background information: Ireland doubles budget saving plans http://www.europeansources.info/record/ireland-doubles-budget-saving-plans/

Irish Times, 3.11.10: McDaid's exit endangers budget vote http://www.irishtimes.com/newspaper/breaking/2010/1103/breaking12.html

---