British media says all Europe is in fear of Ireland's financial crisis

China Economic Network Beijing November 26 (trainee reporter Ganko Cheng) According to the British Guardian November 24: Because the Irish Prime Minister Brian Cowen failed to convince investors that he could reduce the cost of 15 billion euros 2014 years ago to promote the moribund Irish economy plan, so Ireland's borrowing costs soared to 9　　% of the high.　　"The recent political uncertainty and concern about the short-term funding needs of the banks will only make the problem in Ireland more serious," said Ben Mui, a European capital economist. Thanks to the rapid spread of the Irish financial crisis, the Portuguese Government is either about to apply for financial aid to the IMF and the European Union.　　The Governments of Portugal and Spain, and even the Belgian government, have reached the highest level of history. "If the Portuguese government immediately receives emergency financial support, Portugal will get through the crisis and be less expensive," said one European investor.　　Rather than expect a minority government to save its own country, it is better to accept the structural reforms implemented by the IMF and the European Union. Some analysts have accused the German authorities of "market jitters" and "private investment bondholders should be forced to assume government bail-outs in 2013 years".　　However, Germany strongly believed that the private development sector was the most responsible for sharing the pain and responsibility. "Now we have to solve this problem in the most responsible way," said Jose Barroso, the head of the EU executive Committee, at the European Parliament in Strasbourg. ”