Ireland set for £10bn loan, claims central bank chief
Ireland’s central bank governor today said he expected the country to get a loan worth tens of billions through an rescue package from the International Monetary Fund and European Union. Professor Patrick Honohan, at a meeting of Central Bank colleagues in Frankfurt, said he expected talks in Dublin to lead to a loan. “I think this is the way forward,” he said. “I don’t see it as something that is really worrisome or should lead to a huge change in direction.” The government is opening its books today to experts from the IMF, European Central Bank and European Commission officials as it tries to stop a banking meltdown and economic disaster. Despite the arrival of IMF specialists, the Irish…
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Ireland set for £10bn loan, claims central bank chief
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