Hell at the Gates: How the financial crash hit IrelandOn March 17, 2008, stock markets around the world tumbled - including Dublin's ISEQ index. 2007-2010: The core of the crisis 2007 January: Anglo Irish Bank named "best bank in the world" by consultants Oliver Wyman. September 17: Anglo Irish Bank executives meet Central Bank officials. November 28: 'Hell at the gates': The Irish bailout is agreed and includes punitively high interest rates, Troika oversight of public finances and a commitment to austerity. Repaying the vast bulk of bank debt - much now owed to the Central Bank - is a condition of the deal.
Source: Irish Independent March 17, 2018 20:15 UTC