EU Ministers Meet to Find Agreement on Irish Bailout

Lock
This article is for subscribers only.

European finance ministers are racing to conclude an international rescue package for Ireland before markets open to stop the country’s financial crisis from spreading to the rest of the euro region.

The Irish government wants to reach an agreement to stamp out the “uncertainty” that’s unsettling euro region investors, Energy Minister Eamon Ryan told Dublin-based broadcaster RTE yesterday. Finance ministers from the 16 euro nations meet at 1 p.m. in Brussels before a meeting of all 27 EU ministers. European Central Bank President Jean-Claude Trichet will also attend.