Today, Ireland is holding a referendum on whether to ratify Europe's new fiscal discipline pact. A vote against the treaty would challenge German-backed austerity measures.
More than a year after Ireland received a bailout, unemployment in the country has risen to more than 14 percent, and nearly 1,500 people leave the Emerald Isle every week to look for work.
After 15 years of the "Celtic Tiger," Ireland has faced rough financial times in recent years. But can Greece and other European countries learn a thing or two from its experience?
Learn the difference between secured and unsecured debt — a lesson that Irish taxpayers could use as they face the prospect of footing the bill for the bailout of state-owned Anglo Irish Bank.