(Bloomberg) -- Investors are abandoning Irish stocks
as rising interest rates hurt western Europe's fastest-growing
economy of the past decade.
The country's ISEQ Overall Index, a third of which is made
up of Ireland's three biggest mortgage lenders, has slumped 9.9
percent in 2007. It's the worst performer among equity benchmarks
for the 13 nations sharing the euro, and the only one besides
Italy's and Belgium's that has fallen this year.
Read more at Bloomberg Bonds News
as rising interest rates hurt western Europe's fastest-growing
economy of the past decade.
The country's ISEQ Overall Index, a third of which is made
up of Ireland's three biggest mortgage lenders, has slumped 9.9
percent in 2007. It's the worst performer among equity benchmarks
for the 13 nations sharing the euro, and the only one besides
Italy's and Belgium's that has fallen this year.
Read more at Bloomberg Bonds News
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