How serious is the anti-Euro sentiment?

The EU agreed already to a 85 billion Euro bailout from the EU, the UK, Denmark and Sweden. Another 17 billion will be a loan against their retirement reserves. The EU will step in and oversea the current and future finances of
Ireland and I think they will be successful in the long run.

I believe Ireland is in economic trouble, because most of their exports were to the US before this financial crisis fell upon most of the world economies. Americans have cut back on buying as well as most trade partners of Ireland, because their own economy is still struggling to survive.

Ireland's variety of goods and services for export are very limited to chemicals, petroleum products, and soy beans.

No country with such limited resources for sale in the world marketplace can remain strong or survive in this Great Recession. When most financial pundits name the worst off EU countries, they include Ireland for good reason.

They may have been a tiger once, but that was short-lived.

I dont know enough about the finances of Ireland to say for sure, but I am worried by claims from experts that the bailout is no where near enough to do the job. What is indisputable is that the Irish government attempt to mitigate the crisis with austerity measures has been a colossal failure, as the financial position of the government degraded anyways. Given that the government is unwilling to raise taxes on the corporate books that it is hosting (oft times the actually companys are not even in Ireland as I understand it), cutting services did not do the job, and that the EU is in no mood to throw money at the Irish the solution is not clear. Meanwhile, unemployment is still going up, loads of unused (oft times never or lightly used) real estate rots, and recent irish graduates and unneeded foreign labor is fleeing the country.....so those fancy new roads and trains bought with EU money are less used than planned.

The EU members throw money at Ireland, because they fear for the devaluation of the Euro.

Ireland is in no position to be paying back over 100 billion in Euro loans; that's a fact.

The Irish are well practiced in suffering, and they look to be in line for plenty of practice at it, but the rate at which the Irish government is handing money over to the banks to cover their loses might be even too much for the Irish to tolerate. You gotta wonder if the Irish are looking over at Iceland right about now and wondering if they would have been better off if they had told foreign debt owners to go fly a kite. Seems to have worked for Iceland. Paying debts is so 1980's.

Ireland can't do that! That means other Euro countries who are in hock up to their eyeballs will certainly make all the Euro countries go bankrupt - and devalue the Euro so badly, they might as well give up the ship. Somethings going to sink, and it may happen sooner than we think.

hawk, Remember a few years ago when the world's economy were talking about trading oil in Euro? Nobody is saying much any more.

sure they could , though they would need to leave the EuroZone. Given the voting on the Lisbon Treaty I would have to say that the citizens are at best ambivalent on the question, so why not? The EU solution for modernizing Ireland did not work out so well either....what does the Euro have to offer Ireland?

Oh right, they need to stay on the Euro if they are going to follow this plan of becoming Europe's version of the Cayman Islands....which has not worked to date, but there is always tomorrow!...

They probably could, but they won't be able to resist all the money thrown at them to stay with the Euro.