The IMF has released another €1.5 billion of bailout loan funding, and also complimented Ireland’s strategy for economic recovery.
Finance Minister: EU and IMF loan profits “excessive”Economy
It was reported today that the EU and IMF stand to gain as much as €9billion in profit over the course of the €67.5billion bailout loan.
Weakening economy could necessitate second bailout loan for IrelandNews
A worsening of the economic outlook could force a second Irish bailout loan.
Worries that Irish bailout loan could hit 6% or higher interest rateNews
There are worries in the press over the weekend that the bailout loan offered by the IMF and EU could have a higher than expected interest rate of 6% or higher.
Sweden could offer bailout loan fundsNews
Sweden are looking at the possibility of offering a bilateral loan to Ireland of around $1.5 billion as part of the bigger bailout loan according to the Swedish Finance Minister Anders Borg.
Allied Irish Bank face high rate of withdrawalsNews
Ireland’s second largest bank AIB today revealed an enormous outflow of bank funds during the year, tripling its reliance on funding from the central bank.
Irish bailout loan announcementNews
Officals are currenty in talks with the ECB regarding an Irish bailout loan from Europe.