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Europe debt crisis rolls on as Irish bailouts grow And EU monetary commissioner Olli Rehn said he doubted that Ireland would need emergency aid from a rescue fund established earlier this year by the European Union and the International Monetary Fund. Greece has already tapped that fund to the tune of euro110 billion, but Ireland […]
Ireland Takes Over 2nd Bank as Bailout Bill Rises In a sweeping action meant to regain the confidence of jittery investors, the Irish government said Thursday that it expected to inject billions of additional euros into two of the country’s largest banks, underscoring the extent to which they continued to jeopardize Ireland’s economic condition. The […]