Debt-crippled Ireland will receive tens of billions of euros in financial aid after striking a three-year bailout deal with the EU and the IMF. It is hoped the massive loan will prevent Irish financial woes from spreading to other EU member states.
REUTERS - Ireland said its four-year austerity plan would not be significantly changed in return for an EU/IMF bailout package to salvage its shattered banks, which elicited only modest relief in financial markets on Monday.
IRELAND: HOW DID THE TOAST OF EUROPE COME TO THIS?
Date created : 2010-11-22