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(Image from article: "EU and IMF to lay groundwork for Irish rescue")

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Ireland: Banks need euro24B more, will be overhauled

Ireland's ailing banks need another euro24 billion ($34 billion) in cash in a move that will leave all of them under state control and facing a complete overhaul, officials announced Thursday in a long-awaited effort to cap a 3-year banking crisis....

EU and IMF to lay groundwork for Irish rescue

Euro zone finance ministers agreed on Tuesday to lay the groundwork for bailing out Ireland's banking sector with the IMF, but said Dublin had to decide itself whether to request the aid.

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