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Final Review of Ireland's...

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Final Review of Ireland's Bailout

98FM
98FM

07:47 29 Oct 2013


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The 12th and final review of our 'bailout' deal gets underway in Dublin today, with the Finance Minister saying we may be able to exit without a backup credit line.

Michael Noonan met with the IMF in Washington yesterday to discuss what happens when Ireland leaves the programme in December.

Speaking after the meeting, Minister Noonan said Ireland is funded until 2015 and has 25 billion euro in reserve - so going it alone is still a "strong option".

Deputy Political Editor with the Irish Independent Michael Brennan says Minister Noonan's approach may just be a negotiating tactic:

 


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