Ireland to exit bailout without credit backstop
Arab Today
Eurozone member Ireland will exit its international bailout programme next month without the need for a precautionary credit facility, the government said on Thursday. "Following a careful and thorough assessment of all of the available options ... the Irish government has today decided that Ireland will exit the EU/IMF programme in December as planned and without a pre-arranged precautionary credit facility," the Department of Finance said in a statement.
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