€85bn bailout talks confirmed

Taoiseach Brian Cowen confirmed today the State is negotiating an €85bn bailout loan from the International Monetary Fund and Europe (IMF/EU).

€85bn bailout talks confirmed

Taoiseach Brian Cowen confirmed today the State is negotiating an €85bn bailout loan from the International Monetary Fund and Europe (IMF/EU).

Mr Cowen said the figure has been discussed with the IMF/EU financial rescue mission during two days of talks in Dublin.

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