Bailout Ireland: we did nothing wrong, maintains Dublin
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Minister of the country, Dick Roche, Europe insisted on the fact that ministers do not mislead the public by refusing repeatedly that they were about to accept a bailout multi-milliards $-book of the European Union.
Day after day, last week representatives of the Government of the Ireland reiterated promises that they need not of external support to help their faltering, economy only to accept a plan rescue over the weekend.
He said the bailout become only inevitable once the price of borrowing markets became too high and said that it was necessary to help banks rather than the economy as a whole.
Mr Roche said: "there has been an extraordinary series of events .the markets have reached the point where it is not possible for us to continue to rely on markets: the numbers were too high."
"Ironically, the national situation was as we crossed in the middle of next year without addressing the markets, but the banking situation was such that extraordinary measures should be taken.
He added that last week all the "events worked at the point where it is necessary to take [bail-out]", but they did not reach this position until the end of week.
Mr Roche said: "there was no dissembling, isn't trompeur.La reality is that we always in contact with colleagues in Europe."
Ireland was forced to take the 77 billion economic pounds bail-out in an agreement aimed at saving the euro.
The United Kingdom has decided to support amounting to the equivalent of ￡ 300 per household because of the close commercial relationship with Dublin.
George Osborne, the Shadow Chancellor described the Ireland as a "friend in need".
The support of the euro has been criticized by parliamentary Tory John Redwood, former Minister and co-Chair of the conservative policy review group on economic competitiveness, stated that the bailout was "not the problem of Britain".
