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Tag Archives: Ireland

Irish Unemployment Hits 13 Year High

02-Jul-09

Unemployment in the Irish Republic hit a 13-year high of 11.9% in June – the highest level since April 1996 – and the number of people claiming for jobless benefits nearly doubled to 418,592 in the past year. Ireland has the second highest unemployment rate in the EU (behind Spain), a sboth countries are experiencing [...]

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Ireland Receives Bad Standard & Poor’s Rating

09-Jun-09

The Irish Republic (Ireland) received another round of bad news as Standard & Poor’s Ratings Service (S&P) lowered its sovereign debt rating for the second time this year. S&P cut the rating on Ireland’s government debt by one level to AA from AA+. Just three months ago, the former ‘Celtic Tiger’ had its top-notch AAA [...]

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