SHUT The Hell Up Roche You lying TRAITOR.

Bailout not inevitable - Roche

Dick Roche said there was a 'rather circulatory debate' about the nature of the IMF intervention

RONAN McGREEVY

Minister for Europe Dick Roche has again said a bailout is not inevitable despite suggestions this morning by the Central Bank governor Patrick Honohan that he expects tens of billions of euros to be pumped into Ireland's banking sector.
Speaking before a conference this morning, Mr Roche said there was a "rather circulatory debate" going on about the nature of the intervention by the International Monetary Fund, the European Central Bank and the European Commission who have arrived in Dublin.
He said people should get away from the "continuous sniping debate about what we should call" the intervention of the outside organisations. "I don't know if that mechanism will be in the form of funding, and it is really premature to say," he added.
"It is not dissembling or avoiding the issue. It is a fact that if you have the commission which are ramping up the level of their cooperation with us the IMF, if they are here to do a particular series of analysis we should let them to do. We should not jump hurdles and say 'what does this mean?' If it resolves the issue, that is what we should be focused on and not on this continuing debate."http://www.irishtimes.com/newspaper/breaking/2010/1118/breaking31.html