Nov
26
German Fin Min spokesman
ByGerman Fin Min spokesman [SEIBERT] is the latest in an increasingly
long line of officials to say nobody is being forced to seek aid, and
referring to Portugal in particular the German Govt expects fiscal
consolidation to be successful. Turning to Ireland, the spokesman cannot
say when the EU-IMF rescue deal will be finalised, while
increasing/doubling EFSF funds has been ruled out. Elsewhere, although
Irish banks 'passed' the Jul EU stress tests the fact they now require a
bail-out has naturally sparked more scepticism about their reliability
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