Menu
15/12/2011
IMF Loan Ireland €3.9bn For Austerity Expediency
Ireland is to receive a tranche of its agreed bailout deal with the International Monetary Fund, after being commended on being "ahead of schedule" on austerity.
The executive board of the International Monetary Fund said it had completed its review of Ireland's implementation of the bailout programme and agreed to release a further €3.9 billion in loans.
Following a meeting in Washington, the organisation made no comment about the review and noted it has so far loaned Ireland €13bn as part of the bailout programme.
The IMF said it expects to lend Ireland about €23bn over three years.
At the last release of funding in September, the body noted the Government had adopted a plan in March to reorganise and reduce debts of its domestic banks and said the strategy was "ahead of schedule in some areas."
(DW)
The executive board of the International Monetary Fund said it had completed its review of Ireland's implementation of the bailout programme and agreed to release a further €3.9 billion in loans.
Following a meeting in Washington, the organisation made no comment about the review and noted it has so far loaned Ireland €13bn as part of the bailout programme.
The IMF said it expects to lend Ireland about €23bn over three years.
At the last release of funding in September, the body noted the Government had adopted a plan in March to reorganise and reduce debts of its domestic banks and said the strategy was "ahead of schedule in some areas."
(DW)
Related Irish News Stories
Click here for the latest headlines.
26 November 2010
Minimum Wage 'Forced By IMF'
Green Party leader John Gormley has revealed the cut in Ireland's minimum wage was demanded by the International Monetary Fund. Speaking in the Dáil today, Mr Gormley said during an exchange with Fine Gael's TD Phil Hogan that the cut in the minimum wage by 12% was one of the stipulations of Economics Commissioner Olli Rehn.
Minimum Wage 'Forced By IMF'
Green Party leader John Gormley has revealed the cut in Ireland's minimum wage was demanded by the International Monetary Fund. Speaking in the Dáil today, Mr Gormley said during an exchange with Fine Gael's TD Phil Hogan that the cut in the minimum wage by 12% was one of the stipulations of Economics Commissioner Olli Rehn.
01 August 2012
Ratification Of ESM Treaty Puts Ireland On A Firmer Footing - English
Welcoming the beginning of the process to ratify the European Stability Mechanism Treaty, which starts today (Wednesday), Fine Gael Meath West Deputy, Damien English, said access to Europe's permanent bailout fund gives Ireland enhanced financial security into the future.
Ratification Of ESM Treaty Puts Ireland On A Firmer Footing - English
Welcoming the beginning of the process to ratify the European Stability Mechanism Treaty, which starts today (Wednesday), Fine Gael Meath West Deputy, Damien English, said access to Europe's permanent bailout fund gives Ireland enhanced financial security into the future.
28 February 2024
Gaming Business Ideas To Start In Ireland
Are you passionate about gaming and considering turning your hobby into a profitable business in Ireland? You're in luck! The gaming industry is booming, and many opportunities are waiting for you. Here are ten gaming business ideas that could be your ticket to success in this exciting field. 1.
Gaming Business Ideas To Start In Ireland
Are you passionate about gaming and considering turning your hobby into a profitable business in Ireland? You're in luck! The gaming industry is booming, and many opportunities are waiting for you. Here are ten gaming business ideas that could be your ticket to success in this exciting field. 1.
29 November 2010
State Assets Being Considered For Sale
Ireland's state assets are being considered for sale to raise cash, according to the Minister of Finance. The news comes as the Government released the details of the €85 billion rescue package from the EU and the International Monetary Fund (IMF).
State Assets Being Considered For Sale
Ireland's state assets are being considered for sale to raise cash, according to the Minister of Finance. The news comes as the Government released the details of the €85 billion rescue package from the EU and the International Monetary Fund (IMF).
14 October 2013
Ireland To Exit Bailout In December - Taoiseach
Taoiseach Enda Kenny has said Ireland is on track on leave its international bailout programme in December. Speaking at the Fine Gael party conference in Limerick, Mr Kenny said the "economic emergency will be over" for the country, there are still challenging and "fragile times" ahead.
Ireland To Exit Bailout In December - Taoiseach
Taoiseach Enda Kenny has said Ireland is on track on leave its international bailout programme in December. Speaking at the Fine Gael party conference in Limerick, Mr Kenny said the "economic emergency will be over" for the country, there are still challenging and "fragile times" ahead.
-
Ireland WeatherToday:A dry day with any low cloud and mist clearing during the morning leaving long spells of warm sunshine. Breezy at times around the coast. Maximum temperature 20 °C.Tonight:A fine end to the day with some sunshine, then clear spells overnight. Low cloud could form around some Irish Sea coasts later in the night. Minimum temperature 8 °C.
