It is now no longer a matter of whether but when the Irish government formally approaches the European Financial Stability Fund (EFSF) for a bailout.
The provisional estimate for EFSF loans is believed to lie between 60bn and 80bn euros
We take in 31 B in taxes and spend 60% on public servants pay and pensions.
Brian Lenehan: We are not in the business of bailing out the banks
I dont think you are allowed to slag off the public sector on here
Where did I say anything about the Public Sector?
....If the ministers are denying it you can be sure as hell it's going to happen.
If the ministers are denying it you can be sure as hell it's going to happen.
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