Europe and IMF agree €80bn-€90bn bailout for Ireland
Nov 22nd, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
A week after Irish ministers had vehemently denied that talks were taking place on aid support, Ireland on Sunday joined Greece as the two countries of the 16-country Eurozone to agree during the global financial crisis to a bailout from Europe and the IMF (International Monetary Fund). The bailout is expected to total €80bn-€90bn and will include contributions from the UK and Sweden, according to reports.