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There are reports the IMF and the EU are looking for ways to force senior Irish bondholders to pay their share of the banking rescue.
In one option, bank debt would be converted into equity shares. In another, investors would be given a choice; inject fresh capital or see their investment cut. However there are worries such measures would further undermine confidence in Portuguese and Spanish banks, as no investor will feel safe.
More about: Eurozone in crisis, IMF, IrelandCopyright © 2012 euronews
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