No bailout yet for Ireland

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GABRIELE STEINHAUSER AP Business Writer= BRUSSELS (AP) — An anxiously awaited meeting of European finance ministers ended Tuesday without an agreement to bail out the debt-stricken Irish government. But EU officials said they have “intensified” preparations for potential support for the country’s troubled banking sector. Representatives of the EU, the European Central Bank and the International Monetary Fund will travel to Ireland this week to determine what to do about the banks, said Irish Finance Minister Brian Lenihan “Ireland is now engaging in an intensive, and disclosed, engagement in relation to the problems in the banking sector,” said Lenihan. “We will take whatever decisive…

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No bailout yet for Ireland

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Posted by on November 17, 2010. Filed under News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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