Ireland seems to be slipping back into a debt crisis, but that could bolster the rest of the eurozone and help the Irish private sector, according to The Economist. The euro could fall more in response to another European debt crisis, easing exchange-rate tension between the EU and the U.S. "The US will feel less isolated, criticised ... by both developing countries and Europe," the magazine notes. "A weaker euro would also make life easier for Irish exporters."

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