21/11/2010 Ireland applies for a massive EU-IMF loan to bail-out its banks
Ireland insists no bailout needed
Ireland bailout talks continue
With yields on Irish Government debt rising rapidly, it was clear that the Government would have to seek assistance from the EU and IMF, resulting in a €67.5 billion "bailout" agreement. Together with additional €17.5 billion coming from Ireland's own reserves and pensions, the government received €85 billion.