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Ireland to ditch the Euro?

Will Ireland ditch the Euro? (credit: Wikipedia)
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Ireland could be forced to the polls in 2012 to hold a referendum about ditching the Euro and it is 1000/1 that they ditch the currency altogether and adopt a bartering system.

Ireland could be forced back to the polls as early as next year if Euro talks in Brussels don’t go according to plan. With Day 1 of a two-day EU summit scheduled to kick off tomorrow, bookies Paddy Power are now quoting 5/6 that a referendum on a new EU treaty will be held in Ireland in 2012.   

With European leaders scrambling together in a last ditch attempt to save the Euro, Paddy Power have now tightened the odds on the Eurozone breaking up before 2015 to 2/9. The odds on it breaking up in the next twelve months are just 4/6.

And with uncertainty still surrounding the future of the Euro, punters are also still speculating as to what currency the R epublic will be using come December 2015. Paddy Power have cut the odds on a punt revival from 5/2 to 2/1. 

Sharon McHugh, spokesperson for Paddy Power told Bettingpro: 

“A referendum is the last thing people want to see next year but at this stage it’s beginning to look like Europe is running out of options”. 

Will Ireland hold a referendum in 2012 on a new EU Treaty?
5/6    Yes
5/6    No

EZ Breakup
4/6    Eurozone to break up by 2012 
2/9    Eurozone to break up by 2015 

First Country to leave the Euro 
3/10    Greece 
 7/1    Portugal 
 8/1    Ireland 
12/1    Italy 
12/1    Spain 
12/1    Germany 
14/1    France

What currency w ill be used in Ireland in December 2015? 
  1/3    Euro 
  2/1    Punt 
100/1  Chinese Yuan 
1000/1 None (barter system) 

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Ireland to ditch the Euro?

Ireland could be forced to the polls in 2012 to hold a referendum about ditching the Euro and it is 1000/1 that they ditch the currency altogether and adopt a bartering system.

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