CITY VIEWS: AFTER THE IRISH BAILOUT DO YOU THINK WE WILL HAVE TO RESCUE ANY MORE EUROPEAN ECONOMIES?

ANDREW COLEMAN | LLOYDS OF LONDON

“I think it is very likely that we will have to bail out another European country on the back of the bailout to Ireland although I don’t think we should. But we will because of the Eurozone. As part of Europe its probably just something we have to do I don’t think we’ve got much choice although I’d prefer it if we did. ”

ROBERT WEBB | R K HARRISON INSURANCE BROKERS

“We seem to be bailing out everyone at the moment. We bailed out Greece, now Ireland so I think it sets a bad precedent. But its pretty much out of our hands anyway as the European Union decides. So we are going to be footing the bill for the other European countries that have got themselves in trouble instead of sorting out our own problems first. ”

ANDREW BITMORE | TALBOT UNDERWRITING

“It is a reasonable probability that in the next twelve months we will have to bail out another European country like Spain or Portugal. There will be some contagion from Ireland and the likes of Spain and Portugal are going to suffer more than anyone else. But it will be a big test of our commitment to the EU whether we decide to bail out any other countries.”