Behind the scenes talks – aimed at securing a cheaper bailout deal for Ireland – will continue in Brussels today but the situation in Portugal is set to dominate the EU leaders summit.
Europe’s leaders are now preoccupied with the unfolding situation in the county – which is now on the brink of tapping into the European bailout fund.
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However once the results of stress tests – being carried out on Irish banks – are known next week Ireland’s bailout question will then be dealt with.
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