Ireland Formally Applies for Bailout
EU officials said Ireland may receive the first installment of an emergency European Union aid package in January.
Read more on FOX Business
Portugal braces for market focus after Ireland
Portugal has said it does not expect to become the next European country to require financial rescue, stressing that unlike Ireland its banking system is sound and that austerity measures will rein in the high deficit.
Read more on AP via Yahoo!
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