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Wednesday, November 17, 2010

Osborne offers to support possible Irish banks bailout

Wednesday, November 17, 2010
Osborne offers to support possible Irish banks bailoutGeorge Osborne, Chancellor of the Exchequer, said his country is ready to participate in the aid package as British banks are the most involved with Irish banks with $222 billion exposure. Ireland said it will work in conjunction with the EU and IMF to bailout its suffering banking sector after the euro zone finance ministers' yesterday

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