This set of measures stemmed the tensions, which nevertheless began to intensify again during the summer and even more in the final part of the year, once more affecting not only Greek bonds but those of Portugal and especially of Ireland, which had issued a government guarantee for all bank liabilities.
At the end of November the EU finance ministers approved a plan of financial support for Ireland. This measure too helped to allay but did not eliminate the tensions, in a context of elevated uncertainty in the markets regarding the prospects of stabilization in the countries hit by the crisis and the possible interconnections between sovereign risks and the vulnerability of some banking systems.