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

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Ireland's main parties form new coalition government

Ireland's two largest parties agreed to form a new coalition government Sunday, clinching a quick deal that will allow it to press European leaders to ease the terms of the country's 85 billion euro EU/IMF bailout.

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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