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Sunday, November 14, 2010

Ireland Minister: Reports of Bailout Talks are "Fiction"

by Calculated Risk on 11/14/2010 09:41:00 PM

Earlier posts:

  • Summary for last week
  • Economic schedule for this week

    From the Irish Times: Ministers claim fiscal plan and budget negate need for bailout
    Minister for Justice Dermot Ahern also said there was no foundation to media reports that the country is close to availing of the bailout. “It is fiction ..."
    ...
    "We have not applied. There are no negotiations going on. If there were, Government would be aware of it, and we are not aware of it,” said Mr Ahern
    A number of media outlets have reported that bailout talks were ongoing ... the European bond markets might be interesting later tonight.