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Friday, November 12, 2010

Report: Ireland pressed to accept aid "within days"

by Calculated Risk on 11/12/2010 06:41:00 PM

From Bloomberg: Ireland Urged by European Officials to Accept Aid to Contain Debt Crisis

In a conference call of European Central Bank officials around noon Frankfurt time today, Ireland was pressed to seek outside help within days, the person said on condition of anonymity. Separately, a European Union official said a request for assistance was likely ...
However, earlier from the Irish Times: Cowen denies reports of EU talks on emergency funding
Taoiseach Brian Cowen has denied reports that negotiations are going on behind the scenes for emergency funding for Ireland from the European Union.

Quoting an unnamed source, the Reuters news agency reported that Ireland was likely to become the second euro zone country, after Greece, to obtain an international rescue.
Conflicting news reports continue ... reminds me of when Sunday was the new Monday (with all the breaking news during the crisis).