Al Jazeera reports that 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
January 28, 2013


Al Jazeera
reports that 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, blaming the government and banks for the economic crisis.

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