20 November 2010

EUROZONE: Irish Said To Feel Shame, Mourn Loss Of Sovereignty With Bailout.

BLOOMBERG/
     Some in Ireland feel that their national pride is at stake if they accept a bailout from the EU/IMF even as its books are pored over and PM Brian Cowen moves closer toward accepting a rescue package that ranges from $68 billion to as much as $130 billion usd.
  A bailout may also change Ireland's infamous low-tax corporate rate that Germany, France and other EU countries detest.
Finance Minister Brian Lenihan (pictured) said the government may accept the aid to protect the euro because Ireland has become the “zone of attack.”