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Shopping in Dublin - the country is still the third richest in the EU in GDP/capita terms (Photo: UggBoyUggGirl)

Ireland denies latest bailout reports

A roll-call of Irish government ministers over the weekend denied reports that the country has begun talks on an EU-IMF bailout of up to €80 billion.

"We have not, contrary to much speculation, applied to join any facility, or avail of any facility," finance minister Brian Lenihan told Irish radio on Friday (12 November) after leading financial newswire Reuters first reported that clandestine bailout discussions are already under way.

Mr Lenihan was joined by the minister for tou...

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Author Bio

Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.

Shopping in Dublin - the country is still the third richest in the EU in GDP/capita terms (Photo: UggBoyUggGirl)

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Author Bio

Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.

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