Thursday, March 31, 2011

Ireland forced into new £21bn bailout by debt crisis

Irish finance minister Michael Noonan said country had been left with an appalling legacy as a result of the banking crisis

Europe s debt crisis deepened on Thursday night as Ireland was forced into another €24bn (£21bn) rescue of its banking system and jittery financial markets pushed Portugal closer to a bailout.

In a furious attack on the previous government, the Irish finance minister Michael Noonan said the country had been left with an appalling legacy: a legacy of debt, of

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