Lenihan blames Merkel for bond rate rise
Finance Minister Brian Lenihan today blamed recent "unintended" comments by Germany for the rise in the cost of borrowing to Ireland.
German Chancellor Angela Merkel recently raised the issue of sovereign default as part of future bailouts.
Mr Lenihan said that has spooked the markets which he also admits were not fully convinced by the banking bailout.
He also said that the key now is getting next month's Budget passed to ensure an outside bailout is not required.
