No new deal on bailout: Trichet to Dublin

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A new Irish government should not seek to renegotiate the terms of the IMF-European Union (EU) led bailout of the sovereign, Jean-Claude Trichet, the president of the European Central Bank (ECB) said Thursday.

At the press conference following the central bank's monetary policy announcement, Trichet said when asked whether such a renegotiation would be realistic: "Let me only say that Ireland has a medium-term plan approved by the international community, namely the IMF and the EU, with the posi

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