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Fri 03 Mar 2011Economic Management Council meets on bailout
ECONOMY:THE GOVERNMENT’s new Economic Management Council held discussions for an hour and a half before yesterday’s Cabinet meeting as part of preparations for today’s crucial euro zone summit in Brussels on reforms to the EU bailout fund.
The body has its origins in the desire of the Coalition parties to work closely together on economic issues. Its establishment reflects the balance of forces between Fine Gael and Labour, which is more equal than the one between Fianna Fáil and the Greens, when the larger party held all key economic ministries.
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