Author (Person) | Brown, John Murray, Spiegel, Peter |
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Series Title | Financial Times |
Series Details | 1.3.11 |
Publication Date | 01/03/2011 |
Content Type | News |
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. |
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Countries / Regions | Europe, Ireland |