EU officials back Ireland’s bid to repay bailout early

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Series Details 08.09.14
Publication Date 08/09/2014
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It was announced on the 8 September 2014 that the European Union supported Ireland's request to be allowed to pay back early the International Monetary Fund's part of its bailout because of the money it would save Dublin.

The eurozone nation returned to markets after its programme ended in December 2013, and the cost of repaying the IMF became higher than borrowing from the European Union, and from markets.

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ESO: Background information: Ireland wants to repay IMF loans before eurozone bailout fund
Government of Ireland: Department of Finance: Press Release, 08.09.14: Minister for Finance holds meeting with EU Commissioner Jyrki Katainen
The Irish Times, 08.09.14: ‘No objections ’ to early payment of IMF loans - EU official
Reuters, 08.09.14: EU positive about Ireland's early pay back of IMF loans - EU official

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