ECB considered rescue aid for Ireland, says German paper
28/09/2010 10:58 - webmaster
28 SEP 2010

By Andrew Willis

EUOBSERVER / BRUSSELS - The European Central Bank considered activating the eurozone's emergency rescue mechanism to provide Ireland with funds, according to a report in the German Handelsblatt newspaper on Monday (27 September).

Citing unidentified government officials, the German daily said several euro-area governments had already been told to raise money on Ireland's behalf in case the need arose.

Read entire article
http://www.ukipmeps.org/blog_view_1737_%95-ECB-considered-rescue-aid-for-Ireland-says-German-paper.html