Ireland requests billions in loans from EU

Ireland requests billions of dollars in financial assistance loans from the European Union on Sunday. "EU European Union officials, who had been pushing Ireland to accept help, quickly agreed to the request, committing a staggering amount of funds to an ailing member for the second time in six months," the NY times said. "'Ministers concur with the (European) Commission and the European Central Bank that providing assistance to Ireland is warranted to safeguard financial ability in the EU and in the euro area,' the EU statement said," CNN said.

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This page contains a single entry by stach028 published on November 21, 2010 8:58 PM.

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