Published by Mark Smith-HalvorsenIreland's debt problems may offer a hard lesson for other countries in the eurozone, an expert has claimed.Dealers on the foreign exchange market are increasingly concerned about the future of the single currency and questions remain unanswered about how Ireland's financial problems are to be addressed.In a blog post for the BBC, the broadcaster's economics editor Stephanie Flanders said that Europe remains "further than ever" from a practical system for dealing with the debt of the more troubled banks.Further to this, the issue of restructuring sovereign debt has not been addressed, Ms Flanders added.The crisis in Ireland could have a greater effect on the future of the euro on the foreign exchange markets, she added, noting that unlike Greece, the country has "played by the rules of the euro and failed".Now, other eurozone members making an effort with the single currency may ask whether the same fate awaits them, she said.It was announced on Sunday that Ireland would accept a bailout to help address the debts affecting its banking sector.For more information on foreign exchange treasury services and risk management, visit our Corporate FX site