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Ireland was the first state in the eurozone to enter recession, as declared by the Central Statistics Office (CSO). [8] By January 2009, the number of people living on unemployment benefits had risen to 326,000—the highest monthly level since records began in 1967—and the unemployment rate rose from 6.5% in July 2008 to 14.8% in July 2012. [9]
The post-2008 Irish banking crisis was when a number of Irish financial institutions faced almost imminent collapse due to insolvency during the Great Recession. In response, the Irish government instigated a €64 billion bank bailout. This then led to a number of unexpected revelations about the business affairs of some banks and business people.
2011 Irish general election (1 C, 7 P) Pages in category "Post-2008 Irish economic downturn" ... Banking and Payments Federation Ireland; Post-2008 Irish banking crisis;
2008 elections in Ireland (1 C) 0–9. 30th Dáil (2 C, 13 P) Pages in category "2008 in Irish politics" The following 7 pages are in this category, out of 7 total.
2008 elections in the Republic of Ireland (1 P) F. Post-2008 Irish economic downturn (1 C, 56 P) Pages in category "2008 in the Republic of Ireland"
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October 2, 2008: Stock market indices fell 4% as investors were nervous ahead of a vote in the U.S. House of Representatives on the Emergency Economic Stabilization Act of 2008. [147] October 3, 2008: The House of Representatives passed the Emergency Economic Stabilization Act of 2008 and the $700 billion Troubled Asset Relief Program. [148]