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Microcap & Penny Stocks : Rat dog micro-cap picks...

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To: Bucky Katt who wrote (43177)11/17/2010 7:18:46 AM
From: Bucky Katt  Read Replies (1) of 48461
 
Crisis team travels to Dublin>
Irish authorities will meet with officials from the European Union, International Monetary Fund and European Central Bank to decide how to tackle the country’s continuing banking sector risks, according to statements issued late Tuesday.

Euro-zone finance ministers said that Ireland’s efforts to resolve its banking crisis haven’t put the economy on a stable footing.

“Market conditions have not normalized and pressures remain, giving rise to concerns that further reforms and stabilization measures may be appropriate,” the ministers’ statement said.

It added that the Irish government would “engage in a short and focused consultation with the Commission, the ECB and the IMF in order to determine the best way to provide any necessary support to address market risks,” especially regarding the banking sector.

Keeping Ireland’s problems from spinning out of control is seen as key to preventing higher borrowing costs in other troubled European economies such as Portugal, Spain and Greece.
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