This time Ireland. Linky
It's uncanny this is all suddenly blowing up now we are into October, the most popular month for stock market crashes.
So far Ireland has managed to calm investor fears it will go the way of Greece, which suffered a debt meltdown that forced it to turn to its European Union partners and the International Monetary Fund for help.
IMF chief Dominique Strauss-Kahn said in a German newspaper he does not expect the euro rescue fund to be activated for Ireland, adding his voice to a clutch of policymakers who made the same prediction the previous day.
But data from Spain also heaped more pressure on lagging economies on the euro zone's periphery on Friday, as manufacturing activity there also shrank for the first time in seven months, a day after unveiled it an austerity-driven 2011 budget.
IMF chief Dominique Strauss-Kahn said in a German newspaper he does not expect the euro rescue fund to be activated for Ireland, adding his voice to a clutch of policymakers who made the same prediction the previous day.
But data from Spain also heaped more pressure on lagging economies on the euro zone's periphery on Friday, as manufacturing activity there also shrank for the first time in seven months, a day after unveiled it an austerity-driven 2011 budget.
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