How much loan will be provided for the government of Ireland? [br] [originaltex

News Item 1
    The government in Ireland has formally requested an international financial rescue package to help bolster its troubled economy. The deal, which was agreed during a conference call of European finance ministers tonight, will include (1) a loan of around 80 billion euros over three years. The Irish Prime Minister Brian Cowen said the request had been accepted by Ireland’s partners in the European Union. The request of the government was transmitted to the European authorities this evening. (2) It’s become necessary as a continuing recession in Ireland and the almost total collapse in Ireland’s banking industry meant that confidence in its economic future had been fatally undermined. The money , will be used to help fill a massive shortfall in government revenue and to restructure Ireland’s banks. But the full details are not yet known and will be negotiated in coming days.