Irish rebuff bailout call in euro zone crisis

Irish rebuff bailout call in euro zone crisis

BRUSSELS (Reuters) – Ireland said it was discussing stabilisation measures with its European partners on Tuesday and ways to cut its heavily indebted banks’ funding costs in what a top EU official called a “survival crisis” for the euro zone. A euro zone source said finance ministers of the 16-nation currency area meeting in Brussels would declare support for Dublin’s austerity measures and …

Published Nov 16, 2010.
Read more: Reuters Finance News (EU) via Yahoo! UK & Ireland Finance

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