06 SEPTEMBER 2013
THE Government is looking for a €10bn overdraft from the troika when the country leaves the bailout at the end of the year.
The plan is to never have to use the cash, but the sum involved would be enough to cover all of next year’s expected shortfall in government spending in the event of some unforeseen crisis.
IRELAND to get support from the eurozone in a bid for a smooth exit from the €67.5bn bailout programme – Dijsselbloem
IRELAND will get support from the eurozone in a bid for a smooth exit from the €67.5bn bailout programme, the Eurogroup head said today.
Jeroen Dijsselbloem told theEuropean Parliament today that there will be backing for a gradual exit.
“Ireland’s performed very well in its programme and will exit the programme, but there will be measures to support its gradual exit,” he said.