27 Feb '11, 5am

Irish opposition vows to amend bailout after poll win: DUBLIN: Opposition leader Enda Kenny said he would begin

Irish opposition vows to amend bailout after poll win: DUBLIN: Opposition leader Enda Kenny said he would begin

DUBLIN: Opposition leader Enda Kenny said he would begin talks next week on amending Ireland's unpopular bailout, as his Fine Gael party was swept to power in elections dominated by economic woes. Hours after Prime Minister Brian Cowen conceded defeat in Friday's parliamentary elections, Kenny promised to move fast on a key campaign pledge to try to renegotiate the 85-billion-euro (US$115-billion) EU-IMF bailout. "We're going to move on this next week, I've already had contacts with Europe this very day," he said in his first TV interview since the vote. Cowen's Fianna Fail party slumped to its worst ever defeat in the elections and looked set to lose two thirds of its parliamentary seats as voters vented their outrage of the collapse of the once roaring "Celtic Tiger" economy. "Clearly today there wasn't support for our party in great numbers. We accept as democrats the o...

Full article: http://www.channelnewsasia.com/stories/afp_world/view/111...

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