The Taoiseach Enda Kenny joins EU leaders in Brussels today for a make-or-break summit on the future of the Eurozone.
Spain and Italy want action to bring down their borrowing costs amid fears that they could be locked out of the markets – but Germany is strongly opposed to any sharing of EU debt.
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The Taoiseach Enda Kenny says he’ll push for the use of EU funds to directly recapitalise European banks.
Such a move would greatly benefit Ireland by separating bank and sovereign debt.
But Europe is divided on the idea and this time the divisions are open – meaning agreement is likely to be much more difficult to reach.
this can be an area of strong growth for Shannon in the years ahead.
