Europe wary of rethink over Irish bail-out

Article reports that sentiment in some European capitals had turned against renegotiating Ireland's €85bn bail-out package, casting into doubt the incoming Irish government’s push to ease the repayment terms.

According to diplomats and European Union officials, there is little willingness among Ireland’s eurozone partners to change the interest rate on the eurozone’s €17.7bn portion of the rescue loans, which, at about 6%, carry the highest repayment requirements of any part of the package. The bail-out includes money from the EU and the International Monetary Fund, repayment terms for which are lower.

PressEurop, 3.3.11: Iron chancellor will have her way http://www.presseurop.eu/en/content/news-brief/524641-iron-chancellor-will-have-her-way

ESO: Background information: Irish poll winner eyes bail-out ‘manoeuvre’ http://www.europeansources.info/record/irish-poll-winner-eyes-bail-out-manoeuvre/

Irish Times, 17.5.11: Debt crisis: Ireland will go bust (via PressEurop) http://www.presseurop.eu/en/content/article/657881-ireland-will-go-bust

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