By Justin Reis
Irish finance minister said today he seeks support from his country's cabinet fort a financial bailout from the International Monetary Fund and the European Union.
According to the Guardian, the Irish government has agreed to fund a "contingency loan" to pat the country's multibillion-euro bank rescue program.
Brian Lenihan, the minister of finance, said, "I will be recommending to the government that we should apply for a program and start formal applications."
The cabinet is meeting in Dublin to finalize is four-year bailout plan.