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Fri 02 Feb 2009Merkel says Germany may come to Ireland's aid

GERMAN CHANCELLOR Angela Merkel has said Germany will consider assisting Ireland and other euro-zone members in financial difficulty, but only if they lay plain the true state of their banks’ finances at Sunday’s EU summit.

German officials suggested yesterday that help for Ireland could be conditional on changes to its corporate tax regime, long a thorn in Berlin’s side.

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