The EconomistThe euro-zone crisisSaving the euroIreland’s woes are largely of its own making but German bungling has made matters worseNov 18th 2010This article talked about Ireland’s troubled economy. It addressed three questions, the first of which being, who is to blame for this mess? The article discusses that Ireland is the original country to blame for their mess, because of incompetent regulators, but they also place some of the blame on Germany, because Merkel’s idea that any future euro-zone rescue scheme should include a mechanism for an orderly sovereign-debt default. They fully agree with the principle of this but say that the idea was handled quite poorly, because Germany failed to produce a detailed proposal for the summit. The second question asks, what the solution for this
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orderly sovereigndebt default., future eurozone rescue, major eurozone countries