The Taoiseach Enda Kenny is attending Day 2 of a summit of EU leaders in Brussels today.
On the agenda is a multi-billion-euro bailout for Cyprus – the fifth for an EU state since Greece first needed rescuing three years ago.
Yesterday, German demands for strict austerity were heard along with strategies on how to boost the Eurozone economy.
This months meeting of EU leaders is aimed at tackling high levels of unemployment and low growth within the EU.
Last night differences of opinion on growth versus austerity measures played out between François Hollande on France and Angela Merkel of Germany with decisions on lightening regulation in the single market due later.
An emergency meeting of Eurozone finance ministers regarding an imminent bailout for Cyprus and the likelihood that its government can burn senior bondholders as part of any deal will commence shortly afterwards
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