Of today's postponement of a €3B EFSF bond sale,  it's worth noting Ireland needs the...

|By:, SA News Editor

Of today's postponement of a €3B EFSF bond sale,  it's worth noting Ireland needs the cash to make good on a €4.3B bond payment this month. Only €13B of the €33B the fund needed for the Irish and Portuguese bailouts has been raised thus far. Last week's bazooka envisages the fund being able to raise €1T.