Europe confirms 85 billion Euros for Ireland; unveils Stability Mechanism

Monday, November 29th 2010 - 05:02 UTC

Full article 5 comments

European ministers reached Sunday an agreement over a bail-out for the Irish Republic worth about 85 billion Euros. The deal will see 35bn euros go towards propping up the Irish banking system with the remaining 50bn euros to help the government's day-to-day spending. Read full article

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xbarilox
http://www.bloomberg.com/news/2010-11-29/ireland-s-eu-financial-rescue-fails-to-stem-contagion-as-spain-bonds-drop.html
Nov 29th, 2010 - 04:04 pm - Link - Report abuse 0
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briton
and now you know why the spannish are selling there shares in Argentina, Is not argentina asking for money from the IMF,
well dont expect the UK to give you money on the side .
Nov 29th, 2010 - 07:55 pm - Link - Report abuse 0
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Fido Dido
dont expect the UK to give you money on the side .

They can't, because they are in trouble them self.

This bailout is horrible for Ireland, something they will and cannot pay back.

It's sounds funny, but it's the reality in Europe.
http://www.youtube.com/watch?v=I5QwKEwo4Bc
Nov 29th, 2010 - 09:02 pm - Link - Report abuse 0
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xbarilox
“Europe confirms enslavement of Irish people; unveils enslavement Mechanism”
Nov 29th, 2010 - 09:13 pm - Link - Report abuse 0
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briton
just as well we stayed out of the euro then ??
Nov 30th, 2010 - 12:53 am - Link - Report abuse 0
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