Memo: Commission concludes ninth review of Irish programme

The European Commission has completed its ninth review of the EU-IMF financial assistance programme for Ireland and has published the associated technical report. The completion of the review enables a disbursement of EUR 1.6 billion from the European Financial Stability Facility, bringing total available disbursements from the EU, IMF and bilateral partners to EUR 60 billion. This represents just under 90% of the total international assistance of EUR 67.5 billion available under the programme. Through EFSF/EFSM, the EU contributes some 60% of this funding.

The report highlights Ireland's continued strong record of programme compliance. The report also notes areas where further efforts are needed and a number of implementation risks going forward.

ESO: Background information: Statement by EC, ECB and IMF on the ninth review mission to Ireland http://www.europeansources.info/record/memo-statement-by-ec-ecb-and-imf-on-the-ninth-review-mission-to-ireland/

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