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Video: Equity Update: Irelands banking woes hit the Eurozone

Ireland, a Eurozone country of 6million people, looks to be calling for financial support to the European Union. Earlier this year it was Greece that made the call to the EU.
Soveriegn debt of Ireland not only has an impact to the Eurozone, but it could be another warning sign of what may emerge from the other PIIGS countries. The outlook for equities could equate to a 5-10% correction.

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06:26 minutes
Tags: 2010nov, bankingstresstests, basel, basel2, basel3, equities, europeanbanksstresstest, eurozone, ireland, reutersforex, sovereigndebt

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