Search Results for ‘bailout’

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Over the last few weeks we have seen enormous pressure on the Irish economy and despite immense resistance from the Irish government the authorities have been forced to accept a EU/IMF bailout fund totalling £72 billion. This is a situation, which has been ongoing since the Greek debacle earlier...

Expats living in Spain will be relieved that Spanish Prime Minister Jose Luis Rodriguez Zapatero has denied reports that Madrid is set to request a Greek style bail out from the European Union. Zapatero yesterday described the reports as 'unfounded rumours'. He was backed by French President...