Wednesday, November 17, 2010

Why Ireland and the EU Are Fighting Over Irish Bailout | The Atlantic Wire

As European Union financial leaders meet today to discuss the ongoing Irish debt crisis, they are expected to renew their increasingly forceful calls for Ireland to accept EU-led bailouts. The EU is concerned that Ireland's debt crisis, if left unaddressed, could repeat the continent-wide economic damage of Greece's earlier crisis. But Irish officials, wary of the strings likely to come attached to an EU bailout, are resisting the pressure. Here's what both sides are thinking and what experts have to say about it.

When you get deeply into debt life becomes more difficult.. thats just how the system works

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