Fed Up with Euro? Irish Town Cashes in Old Currency

RT
June 12, 2012

Spain is on the edge of a financial abyss, as EU sources claim it could ask for a bailout as early as this evening. Madrid’s credit score has been slashed, while it’s borrowing costs soared close to the level that forced Greece, Portugal and Ireland to seek rescue. But as Eurozone powerhouses try to keep the single currency afloat, one Irish town is banking on the past, to turn a profit.

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This article was posted: Tuesday, June 12, 2012 at 12:00 pm

Tags: economics, financial

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