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Wed 01 Jan 2011Barroso rounds on Higgins

European Commission president Jose Manuel Barroso reacted with fury today as Irish Socialist MEP Joe Higgins accused Brussels of destroying Irish services and living standards.

During a debate at the European Parliament in Strasbourg, Mr Higgins described the European Financial Stability Facility, as the euro zone rescue fund is known, as “nothing more than another tool to cushion major European banks from the consequences of their reckless speculation on the financial markets”.

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