Stuck in a Greece trap

The Greek bailout is in trouble, leaving Ireland to argue that ours might succeed if its terms were improved, writes Pat Leahy, Political Editor

28th May, 2011

Here we go again.

Frantic negotiations, desperate diplomacy and crisis talks are taking place across Europe this weekend, and will continue through the week as Europe’s leaders try to cobble together a last minute deal that would avert a chaotic default and a possible financial collapse in Greece within the next fortnight.

Greece is due to receive an injection of €12 billion from the EU/ IMF on June 6, tomorrow week.

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