Ireland bailout fails to calm Euro debt markets- papers
The international rescue package for Ireland has failed to restore confidence in the eurozone debt markets, leading instead to a surge in bond yields across half the currency bloc.
Spreads on Italian and Belgian bonds leapt to a post-EMU high, with the sell-off moving beyond Ireland, Portugal, and Spain, the Telegraph reports. Nick Matthews, a credit expert at RBS, says: "The...
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