Dublin hails eurozone ‘game changer’

the Irish government said the European Council summit deal agreed on the 29 June 2012, which will allow EU bailout funds to be directly injected into eurozone banks, was a 'game changer' for the country and would help it return to international bond markets and escape the need for a second bailout.

Eamon Gilmore, Ireland’s deputy prime minister, said the deal represented 'a major change' in European policy and was a course of action Dublin had been advocating for a long time.

ESO: Background information: Spain wins restructuring of bank deal http://www.europeansources.info/record/spain-wins-restructuring-of-bank-deal/

ESO: Background information: European Council, Brussels, 28-29 June 2012. Presidency Conclusions http://www.europeansources.info/record/european-council-brussels-28-29-june-2012-presidency-conclusions/

ESO: Background information: Dublin cuts growth forecast for year http://www.europeansources.info/record/dublin-cuts-growth-forecast-for-year/

ESO: Background information: Ireland Still Long Way from Overcoming Debt Crisis http://www.europeansources.info/record/ireland-still-long-way-from-overcoming-debt-crisis/

Irish Times, 29.6.12: Noonan says EU bank deal may ease future budgets http://www.irishtimes.com/

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