Putting A Brave Face On It

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Euro zone finance ministers resolved at the weekend to respond favourably to Spain’s request for up to €100 billion in emergency aid to rescue its crippled financial sector.

Minister for Finance Michael Noonan said it would provide “much-needed confidence and stability in the euro zone” and was particularly important for Ireland’s economy.

In the same way that our crushing defeat by Croatia is ‘particularly important’ for Ireland’s Euro 2012 hopes.

Spanish bailout conditions setback for Irish hopes (Irish Times)

(Photocall Ireland)

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