first Greece, now Ireland, next Spain & Portugal ? – economic bailout story continues

Talks went on into the night as Irish ministers insisted that they could manage their stricken finances but other Governments expressed concerns that an emergency bail-out may be required as early as today.

Investors have rushed to sell Irish debts in recent weeks and there is growing speculation that if Europe fails to intervene there may be a run on other countries, including Spain and Portugal. The EU rescue package, seen as