Europe bails out Greece and Ireland

Unnerved by high debt levels, financial markets tested the resolve of the euro zone to hang together. Greece became the first country to seek billions in bailout aid from its partners; <a class="taxInlineTagLink" id="PLGEO000008" title="Republic of Ireland" href="/topic/international/republic-of-ireland-PLGEO000008.topic">Ireland</a> finally bent to pressure and consented to accept help late in the year, as the markets swung their attention to bigger countries such as Spain and Italy. Above, European Union finance ministers at talks to bail out Ireland.
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( Georges Gobet / AFP / Getty Images / November 28, 2010 )

Unnerved by high debt levels, financial markets tested the resolve of the euro zone to hang together. Greece became the first country to seek billions in bailout aid from its partners; Ireland finally bent to pressure and consented to accept help late in the year, as the markets swung their attention to bigger countries such as Spain and Italy. Above, European Union finance ministers at talks to bail out Ireland.

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