Irish vote yes but Euro project remains in dire trouble

If labour were not in coalition they would have opposed the yes vote. This is why the party will disappear shortly, Sinn Fein will absorb them. Ireland has made a huge mistake and Kenny will regret his role in deceiving the electorate. There is no way Germany is going to bail us out. " If the Irish ran Holland, Germany would have a port on her western frontier" Bismark.

The PIIGS countries were not ready for the euro. It was a huge mistake to let them join. For the fiscally prudent and economically sound European countries the introduction of the euro made and still makes sense. The euro will survive, most likely with fewer member countries, but as a stronger currency. Buy euros when Greece and other weaklings crash out and park them in a German bank. You will see a handsome appreciation vs. the greenback in the medium term.