An announcement due at 7pm from Brussels? Guardian

Machdaddy

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The UK Bailing us out?hihly unlikely.for a start they are not in the euro and will not loan money to us as the euro is in a perilous position regardless of our current situation bearing in mind that we are just the first of many. the euro fails they dont get their money back and thats even with our huge imports and exports to each other.doesnt make sense.
 


Congalltee

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Do our European friends not realise that the government is FF and FF do not do anything they dislike. After all this is the party that had CJH & Bertie as leader expect that meeting to go on until the early hours with drafts redrafts being thrown around.
Someone needs to explain to the Europeans what the word stroke means because you can bet this crowd will certainly try and pull one.

We have gone from sovergein bail out to funding for our banks in 24 hours
Are our boys haggling over the rate of the loan, the source of them (ie the country's who's bondholder we bailed out) and the continuation of the corporation tax? (or is this wishful thinking on my part?)
 

PrinceMax

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What's the money needed for? Is it for the banks to repay bonds? The govt. doesn't have any falling due does it?
 

PUFF DADDY

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Paul Mason
Is the UK about to make a massive bi-lateral loan to bail out Ireland. WSJ thinks so. Eurozone 16 waiting for G Osborne to arrive to decide.
23 minutes ago via web Favorite Retweet Reply

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Retweeted by john_mcguirk and 17 others
 

Machdaddy

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so what?why dont we ask china as well?uk are not part of the emu full stop.to say they will bail us out alone is fanciful.maybe they will give the go ahead for the bailout from eu funds or france and germany will get osborne to put pressure on lenihan to accept bailout its as simple as that.uk will not bail us out alone full stop.
 

corelli

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Ah, has anyone seen the Brits deficit and all the massive cuts they have been forced to implement? Practically and politically, one would have thought the idea of a huge UK bailout fairly remote.
 
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Shame it wasnt the other way round and the Brits needed the cash from us, we could have got the 6 counties back.
 

Machdaddy

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Ah, has anyone seen the Brits deficit and all the massive cuts they have been forced to implement? Practically and politically, one would have thought the idea of a huge UK bailout fairly remote.
100%. a weak euro is good for the uk anywho.a fairly idiotic suggestion even though im surprised it came from a bbc journo
 

Congalltee

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Ah, has anyone seen the Brits deficit and all the massive cuts they have been forced to implement? Practically and politically, one would have thought the idea of a huge UK bailout fairly remote.
28 billion reasons say otherwise- I bet Osbourne is delighted for the news from Wills and Kate!
 

An Gilladaker

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Ah, has anyone seen the Brits deficit and all the massive cuts they have been forced to implement? Practically and politically, one would have thought the idea of a huge UK bailout fairly remote.
The Germans have shed loads of billions no doubt they are quite willing to loan it to the Brits
 

SKELLY

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No one is saying the UK will solely bail us out.
But they will be a massive element of any agreement.
 

JSmith

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Just checking the date - it's not April 1, is it? Brits my arse, they can't even do any more printing.
 

PrinceMax

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Shame it wasnt the other way round and the Brits needed the cash from us, we could have got the 6 counties back.
I'm sure if they could, the British govt would love to make us take the 6 counties as a condition for giving us a loan, given that the North is a drain on British finances.
 
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So if it is the UK that bails us out will we have to return to the Commonwealth as part of the deal?

Will we be Britains bitch?
 

civilservant

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so what?why dont we ask china as well?uk are not part of the emu full stop.to say they will bail us out alone is fanciful.maybe they will give the go ahead for the bailout from eu funds or france and germany will get osborne to put pressure on lenihan to accept bailout its as simple as that.uk will not bail us out alone full stop.
I really don't understand all the fuss over the bailout. What exactly is the difference between a loan at x% interest and a "bailout" at y% interest? Is it that the lender can impose conditions on a bailout? If so then yes, let's talk to the Chinese, Brazilians, Indians? as well as IMF/ECB and see who offers the best deal.

It has been clear for a long time that the FF/Green government has been taking decisions which have just served to put off the evil day, but to be fair, most of the decisions have been backed by the opposition (FG) and by the European Commission who must share the responsibility.

Labour alone contested the bank guarantee scheme and if memory serves me correctly also raised an amendment to exclude Anglo from the guarantee scheme which is the root cause of the problem Ireland has today. So for my money, Labour is the only party qualified to criticise FF over the bad decisions which have led us to where we are today.
 

momoney

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Here's a link to RTE News coverage, empty press room at the moment.

http://www.rte.ie/news/player_live.html#-2998,'http://dj.rte.ie/vodfeeds/feedgenerator/videos/live/?id=3','flash',255,{adLocation:'/ads/video/live.inc',name:'Eurogroup_News_Conference',explicit:false,autoPlay:true,noAds:true}

Also:
RT Ireland's National Television and Radio Broadcaster

Shoud also be here:
Live and On-Demand Streaming - Council of the European Union
Thanks.

"One thing is certain, whatever the final shape of the irish deal the wider euro crisis will go on."

Who said that?
 

Wakeupcall

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Here's a link to RTE News coverage, empty press room at the moment.

http://www.rte.ie/news/player_live.html#-2998,'http://dj.rte.ie/vodfeeds/feedgenerator/videos/live/?id=3','flash',255,{adLocation:'/ads/video/live.inc',name:'Eurogroup_News_Conference',explicit:false,autoPlay:true,noAds:true}

Also:
RT Ireland's National Television and Radio Broadcaster

Shoud also be here:
Live and On-Demand Streaming - Council of the European Union
These still have not started. Also are they relevant?
 


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