Europe moved closer to a deal on tackling its debt crisis today, but time is tight to agree a comprehensive package before a summit at the end of March.
Draft conclusions from a meeting of European Union finance ministers in Brussels showed member states were willing to agree measures to keep their economies competitive, a core demand of Germany's.
That may in turn secure German backing for a strengthening of the European Financial Stability Facility, the temporary euro zone bailout mechanism set up in May, of which Ireland is a beneficiary.
That may in turn secure German backing for a strengthening of the European Financial Stability Facility, the temporary euro zone bailout mechanism set up in May, of which Ireland is a beneficiary.
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