Could Ireland scupper the Greek bail-out deal?

Europe has agreed another bail-out deal for Greece. But Ireland could yet throw a spanner in the works, says Matthew Partridge.

After a frantic few weeks, it appears that the Greek can has been kicked down the road. The Greeks have agreed to cuts while the rest of Europe will keep the bail-out money flowing. Changes to the law will make it easier for the bondholders to be forced into line. There are even plans to send tax collectors from Germany to Athens which should boost revenue.

The yields on Italian, Spanish and Portuguese debt has fallen. The money supply also increased after falling in December.

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Dr Matthew Partridge
Shares editor, MoneyWeek

Matthew graduated from the University of Durham in 2004; he then gained an MSc, followed by a PhD at the London School of Economics.

He has previously written for a wide range of publications, including the Guardian and the Economist, and also helped to run a newsletter on terrorism. He has spent time at Lehman Brothers, Citigroup and the consultancy Lombard Street Research.

Matthew is the author of Superinvestors: Lessons from the greatest investors in history, published by Harriman House, which has been translated into several languages. His second book, Investing Explained: The Accessible Guide to Building an Investment Portfolio, is published by Kogan Page.

As senior writer, he writes the shares and politics & economics pages, as well as weekly Blowing It and Great Frauds in History columns He also writes a fortnightly reviews page and trading tips, as well as regular cover stories and multi-page investment focus features.

Follow Matthew on Twitter: @DrMatthewPartri