If Ireland Cannot Payoff its Debt..

Let's see who actually lended money to Ireland. English banks such as RBS and Barclays PLC lended $150 billion to Ireland. German banks have also lended $138 billion.. It's not only these two countries that have lended money to Ireland but the size of it sure looks very large for the financial institutions in these two countries. What appears to be as a sovereign debt crisis can easily spill over to private sector if things go awry.