Could Spanish steps help us?

As Spain starts to negotiate the terms of a rescue for its banking system, Ireland is looking for ways to benefit from their problems, writes Jon Ihle.

9th June, 2012
German chancellor Angela Merkel listens as Taoiseach Enda Kenny speaks during a news conference in Berlin. Photo: Bloomberg

The government is still looking for ways to take advantage of any new policies that may emerge from the European response to the mounting crisis in Spain's banking system and public finances.

As the Spanish government negotiates with the European Commission and the European Central Bank over the terms of its proposed bank bailout, dialogue between Ireland and "key eurozone member states" is continuing at ministerial and official levels, according to the Department of Finance.

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