Investors confident in Ireland’s budget cuts: Honohan
Foreigners were more confident that Ireland could to restore its public finances than some other countries, Patrick Honohan, the governor of the Central Bank and Financial Services Authority of Ireland, told graduates of Trinity College Dublin last Tuesday.
"Interest rates on Irish government bonds, much lower than they were a few months ago, have remained relatively unscathed during these past weeks of heightened tensions in the international markets for sovereign debt," Honohan noted. "This is
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