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Ireland defiant as bail-out pressure grows

As EU and IMF officials begin work on the ground in Ireland, markets wait to see whether the Irish government will cave in to external pressure and request financial assistance. If it does, then it could access the Eu60bn EU bail-out fund quickly, and follow that with more complex EFSF funding. Read EuroWeek on Friday for full analysis of how different asset classes are responding to the uncertainty, what the first EFSF deal might look like — and why the loan market is still open to Irish borrowers.

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