The EU approved a $90B bailout for Ireland on Sunday. The majority of the money will provide...

|By:, SA News Editor

The EU approved a $90B bailout for Ireland on Sunday. The majority of the money will provide operating funds to the Irish government. The rest will be used to recapitalize Ireland's insolvent banks and to set up a contingency fund. Premarket: (AIB +8.8%), (IRE +23%).