Enda Kenny To Europe: Help Our Ailing Banks

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The Irish Prime Minister Enda Kenny calls for the opening of the euro rescue fund ESM [European Stability Mechanism] for direct loans to faltering banks.

In an interview with the FTD Kenny said that he hoped to move into the discussion when the ESM contract and the fiscal pact had been ratified. Then the principles of ESM should again be changed.


Exclusive: Irish Prime Minister Calls For Modifciation Of ESM (Financial Times Deutschland) – translated.

Meanwhile: Banks Contributed Higher Deficit For Last Year (RTE)

(Laura Hutton/Photocall Ireland)