Ecofin Council sign
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No extra bail-out money for Eurozone countries

Ireland's budget comes at a critical time when financial markets are on edge over the Eurozone debt crisis, which has so far sparked international bailouts for Greece and now Ireland.

Despite this, European Union finance ministers have decided not to provide any extra money for an existing trillion-dollar bailout fund for Eurozone countries that might get into financial trouble.

Nigel Cassidy reports.

  • 07 Dec 2010