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News Link • Economy - International

Near-bankrupt Ireland gains international support for emergency bailout

• Washington Post
Moving to contain fears of a debt crisis in Europe, the International Monetary Fund and European Union agreed Sunday to support an emergency bailout for near-bankrupt Ireland after the desperate government here abruptly requested a lifeline following days of denying it needed help. 

1 Comments in Response to

Comment by Powell Gammill
Entered on:

I find it interesting that Ireland had its arm twisted (by whom--who can intimidate a government?) the past ten days to accept "loans" (and all the strings attached) they did not want and stated forcefully they did not need.

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