November 16, 2010
Europe’s debt crisis spread widening ripples yesterday, with Irish officials denying that their talks with other eurozone governments were aimed at getting a bailout, while Greece’s prime minister accused Germany of making things worse with talk of forcing creditors to take losses.
The flare-up in tension adds to pressure on European Union finance ministers, who will be in Brussels today for their monthly meeting.
After spending their recent gatherings focusing on crisis prevention, a weeklong sell-off of Irish and Portuguese bonds has thrown them back into crisis management.
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