Greece’s spewing financial volcano, bank recapitalisation and the long term prospects for Ireland Inc.

They never said it would be easy. Just when it looks that Ireland’s battered economy is turning the corner, a storm builds to crisis proportions on the Euro zone’s South Eastern periphery.
The crisis has unfolded in distinct phases.
The first consisted of German Government foot dragging over the go ahead for a €45bn rescue package that helped to spark [...]