Republic of Ireland’s bailout terms ‘won’t be eased’
The new Irish government’s hopes of easing the €85bn (£72bn) bailout burden have been dashed. Related Stories Family hail cricketer’s triumph Irish bailout terms ‘won’t be eased’ DJ Neil Prendeville’s plane wasn’t in full throttle DJ Neil Prendeville to return to airwaves as prosecution ruled out for ‘vile actions’ DJ Neil Prendeville back on air within weeks as prosecution ruled out for ‘vile …
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The European Union has asked Greece to explain reports that it engaged in derivatives trades with US investment banks that may have allowed it to mask the size of its debt and deficit from EU authorities.Goldman Sachs made up an exchange rate that allowed the Greeks to look as though they were only engaging in a currency swap when, in effect, they were getting more than a billion more than they should have from the trades in credit.
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