国际英语新闻：EU finance ministers struggle over possible support for Ireland

Diplomats said that Ireland is reluctant to seek a bailout plan similar to that offered to debt-laden Greece but prefer support to its banking sector.

However finance ministers from some member states said before Tuesday's meeting that the European Financial Stability Facility, put together to help eurozone member states which may face a similar crisis like Greece, could only be granted to a government which needs in turn to agree to strict austerity measures.

Yields on Irish 10-year bonds reached 9 percent last Thursday, the highest level since the euro came into being in 1990. Yields of bonds of Spain and Portugal have also increased last week.

There are deep worries that Ireland may follow the suit of Greece and another round of sovereign debt crisis may be looming, dragging in other eurozone countries such as Spain and Portugal.

President of the European Council Herman Van Rompuy warned earlier on Tuesday while attending a meeting that the EU will not survive if it can not overcome a debt crisis.

"We all have to work together in order to survive with the euro zone, because if we don't survive with the euro zone we will not survive with the European Union," the president said.

But Van Rompuy said that he is "very confident" that the EU will overcome the crisis.