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Mon 11 Nov 2010Europe's reaction to crisis perplexing and unfocused

ANALYSIS:The full detail of the bailout was not made known because it has not been finalised, writes DAN O'BRIEN,Economics Editor

The European response to the crisis over 26 months has often been too little and almost always too late. Yesterday’s meeting in Brussels focused on the Irish crisis and future crises after 2013 when the current temporary bailout arrangements (now being used by Ireland) expire.

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