At last, bankers are paying the price for their bailouts – in Ireland, at least.
Some argued that Merkel had been right to stick by her insistence on reform as a quid pro quo for bailouts, but quibbled with the manner she had gone about her business, failing to sell her policies effectively to her partners in Europe.
Slovakia's government under Iveta Radicová fell in October after balking at funding the bailouts on the grounds that it is poorer than those it was paying and was replaced by the leftist Robert Fico as prime minister.
Since then, the French have not challenged Merkel although they oppose the "last resort" condition for bailouts.
Greece owes money to the IMF, the European Central Bank and the EU following its two bailouts in 2010 and 2012.
With the upcoming challenge of its exit, QE is proving a truth of even the most well-intentioned bailouts: getting the financial system out of trouble doesn't mean ending a crisis for good; it means only delaying the reckoning until the economy is strong enough to take it.
Greece owes money to the IMF, the European Central Bank (ECB) and the European commission following two bailouts totalling €240bn in 2010 and 2012.
One MEP after another expressed anger and frustration about the damage inflicted on the Greek people by the eurozone's botched bailouts.
A series of bailouts agreed by the "troika" – the European commission, the European Central Bank and the International Monetary Fund – worth a record $240bn in total, rescued the state's balance sheet, but at a steep price.
Greece owes money to the Brussels Group – the IMF, European commission and European Central Bank (ECB) – following its two bailouts in 2010 and 2012.
He pointed out that Panama, which has used the dollar since the early 20th century, required 17 bailouts from the International Monetary Fund between 1973 and 2000, second only to Pakistan over that period.
