Britain Signals Intention to Help Ireland in Debt Crisis

The British government signaled Wednesday that it could offer direct financial assistance to Ireland, even though Britain is outside the euro zone, as prospects grew for an international rescue package to avert another European debt crisis.

The British offer came after finance ministers from the 16 countries using the euro decided to “intensify” talks with Ireland on possible aid to shore up the country’s troubled economy and banking sector.

A team of experts from the European Union and International Monetary Fund was to arrive in Dublin on Thursday to begin what was expected to be several days of meetings with government officials.

Read Full Article from New York Times

- Posted: 2010-11-17 09:33:35

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