Irish Finance minister Lenihan responds to Bailout questions

At Sunday evenings meeting of the Eurogroup minister in which the Irish EU-IMF Bailout was finalized, Irish Minister for Finance who has failed to get a deal that is welcomed back in Ireland, spoke to journalists about the package. Interest rates were discussed, along with the breakdown of the source of the monies. The deal negotiated has earmarked Irelands National Pension Reserve Fund as funds to be made available to Irelands failed banks.