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The International Monetary Fund last night moved to dismiss claims that it would provide a bailout for Ireland if voters rejected the fiscal treaty. Full Article at Independent.ie
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Under the current programme, the intention is that further reductions in the Irish budget deficit will restore confidence, enabling Ireland to borrow independently from 2014, thus ending reliance on emergency financing from the EU and the IMF. Full Article at Independent.ie
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The comments came at a Dublin conference where Central Bank governor Patrick Honohan praised the "help" given to Ireland by the EC, ECB and IMF but said it would have been "infinitely more helpful" if the troika had put cash directly into the banks. Full Article at Independent.ie
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The governor was widely commended for breaking ranks with the last coalition Government in 2010 to confirm that Ireland was on course for a bailout before the International Monetary Fund was brought in. Full Article at Independent.ie
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On a day that Ireland passed its latest review under the terms of the EU/IMF/ECB bailout loan agreements, Finance Minister Michael Noonan said the restructuring of Permanent TSB is the latest step in cleansing the Irish banking sector. Full Article at Independent.ie
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Shoppers pass by the many discount shops of North Earl Street in Dublin on Thursday, April 26, 2012. Ireland's economy has suffered four... View Photo »
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