Memo: Statement by Vice-President Rehn on Ireland’s decision regarding programme exit / Ireland to exit international bailout in December

On 14 November 2013 Ireland's Finance Minister Michael Noonan informed European Commission Vice-President Olli Rehn of the Irish Government's decision to exit the EU/IMF programme in December 2013 as planned and without a pre-arranged precautionary credit facility.

According to the Commissioner, while challenges remain, Ireland had made impressive progress and was well placed to make a successful and durable programme exit.

• Primary Source

EurActiv, 14.11.13: Ireland to quit bailout without special credit line http://www.euractiv.com/euro-finance/ireland-quit-bailout-special-cre-news-531683

ESO: Background information: Republic of Ireland to exit bailout in December, says PM http://www.europeansources.info/record/republic-of-ireland-to-exit-bailout-in-december-says-pm/

EUObserver, 14.11.13: Ireland becomes first euro country to quit bailout programme http://euobserver.com/news/122113

Eurogroup: Press Release, 14.11.13: Spain and Ireland exit programmes as Eurozone economy improves http://eurozone.europa.eu/newsroom/news/2013/11/spain-and-ireland-exit-programmes-as-eurozone-economy-improves/

Eurogroup: Press Release, 14.11.13: Statement by the Eurogroup on Ireland http://eurozone.europa.eu/newsroom/news/2013/11/statement-by-the-eurogroup-on-ireland/

European Commission: DG Economic and Financial Affairs: Financial assistance in EU Member States: Ireland http://ec.europa.eu/economy_finance/assistance_eu_ms/ireland/index_en.htm

IMF: IMF and Ireland http://www.imf.org/external/country/IRL/

Irish Times, 14.11.13: Ireland to exit bailout without precautionary credit http://www.irishtimes.com/news/politics/ireland-to-exit-bailout-without-precautionary-credit-1.1594695

Irish Times, 14.11.13: Ireland’s bailout exit of huge significance for Europe http://www.irishtimes.com/news/politics/ireland-s-bailout-exit-of-huge-significance-for-europe-1.1594773

Euronews, 14.11.13: Ireland shuns credit line after bailout ends http://www.euronews.com/2013/11/14/ireland-shuns-credit-line-after-bailout-ends/

BBC News, 14.11.13: Ireland to exit international bailout in December http://www.bbc.co.uk/news/world-europe-24937245

Deutsche Welle, 14.11.13: German government lauds Irish PM's move to exit bailout program http://dw.de/p/1AHhE

Der Standard, 15.11.13: Don't forget the victims in role model Ireland (via Euro|Topics) http://www.eurotopics.net/en/home/presseschau/archiv/aehnliche/archiv_article/ARTICLE133554-Don-t-forget-the-victims-in-role-model-Ireland

The Irish Times, Cinco Días, Jornal de Negócios, Il Sole-24 Ore, 15.11.13: Music to the ears of Angela Merkel (via PressEurop) http://www.presseurop.eu/en/content/press-review/4323881-music-ears-angela-merkel

Spiegel Online International, 15.11.13: Euro Crisis Reprieve: End to Bailout Programs Signals Recovery http://www.spiegel.de/international/europe/end-of-bailout-programs-in-spain-and-ireland-signals-euro-crisis-recovery-a-933650.html

Euro|Topics, 15.11.13: Ireland and Spain no longer need help http://www.eurotopics.net/en/home/presseschau/aeltere/NEWSLETTER-2013-11-15-Ireland-and-Spain-no-longer-need-help

EUObserver, 22.11.13: Debunking the Troika's 'success' in Ireland http://euobserver.com/economic/122192

---