GLOBAL FINANCIAL CRISIS: Ireland follows Iceland in financial meltdown*

Following the international financial crisis which has forced Latvia, Hungary, Romania, Iceland and Ukraine to receive full-scale bailouts by the International Monetary Fund (IMF) this year, Ireland has become the latest European nation to feel the full impact of the collapse in its financial system.The economic crisis is now threatening to undermine the political integration of Western Europe, one of the most important projects of post-war Europe.In a matter of weeks, Ireland will hold a refere…

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