Merkel Rebuffs Bid by Ireland’s Kenny to Cut EU Bailout Costs

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German Chancellor Angela Merkel rebuffed Ireland’s plea to cut the cost of its European Union bailout, saying “relief isn’t the issue.”

Merkel’s response to Enda Kenny, Ireland’s incoming prime minister, at a meeting of conservative officials from the 27-nation EU underscored divisions as leaders near a March 25 deadline for a reinforced plan to aid debt-strapped countries.