Monday, January 28, 2013
Irish town resists bailout terms
The European Central Bank has rejected Ireland's proposals to restructure some of the country's huge debts. The government wants to avoid paying tens of billions of dollars over the next decade to underwrite a failed bank. But one community in southern Ireland is unwilling to accept the terms of the bailout. Al Jazeera's Laurence Lee reports from the town of Ballyhea.
Posted by The Progressive Rambler at 2:01 PM