Carey apologises for economic crisis
Cabinet Minister Pat Carey has said he is sorry that the economic situation that has developed has put the country in a very difficult position.
Mr Carey said the Government is prepared to accept the consequences of the decisions they have taken, and they "take full responsibility for whatever happens".
It comes as a delegation of International Monetary Fund, European Central Bank and European Commission officials get down to work on the details of a possible rescue fund for Ireland.
The Minister for Community Affairs has acknowledged he wishes the situation hadn't arisen:
