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Ireland demands debt relief, warns on EU treaties
Europe's plans for treaty changes to enforce fiscal discipline in the eurozone may fall foul of popular anger in Ireland unless the EU creditor states agree to share more of the pain.
The Irish government has suddenly complicated the picture by requesting debt
relief from as a reward for upholding the integrity of the EU financial
system after the Lehman crisis, though there is no explicit linkage between
the two issues.
"We carried an undue burden for protecting the European banking system from
contagion," said finance minister Michael Noonan.