- Sep 10, 2008
85bn euro bailout talks confirmed - AOL NewsIrish Taoiseach Brian Cowen has confirmed the country is negotiating an 85 billion euro (£71 billion) 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.
"The size of any programme has not been decided but an amount in the order of 85 billion has been discussed," the Taoiseach said.
Why is it that the foreign news outlets always pick up these stories before we here in Ireland do?