Irish 'in bailout talks with EU'

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  • xman
    Admin
    • Sep 2006
    • 24007

    Irish 'in bailout talks with EU'

    </span> PM Brian Cowen. Ireland has not formally denied it is in talks
    The Irish Republic is in preliminary talks with eurozone officials for financial support, the BBC has learned.

    Correspondents say it is no longer a matter of whether but when Dublin formally approaches the Financial Stability Fund (FSF) for a bailout.

    The provisional estimate for FSF loans lies between 60bn and 80bn euros.

    The Irish government has not formally denied that it is in talks about accessing the FSF, insisting instead that "it makes no sense" to do so.

    This article is from the BBC News website. © British Broadcasting Corporation, The BBC is not responsible for the content of external internet sites.


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