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Wednesday 7 June 2023 Dublin: 11°C

# Bailout loans

All time
# Every Little Helps
Debt deals mean we're borrowing €20bn less in next decade - Noonan
The finance minister gives his formal tip-of-the-hat to the news that the two European bailout funds are delaying repayments.
# Bailout loans
Eurozone bailout fund gives Ireland seven more years to repay loans
Good news for Michael Noonan this morning…
# Bailout loans
Ireland gets another seven years to repay its European bailout loans
EU finance ministers have officially signed off on a deal which means the average European loan will be repaid in 19.5 years.
# Bailout
Ireland gets another €1.6 billion in bailout loans from the EFSF
That’s on top of the IMF loans announced earlier today – and these ones will be on the books until 2042.
# Eurogroup
Updated: EU finance ministers agree to delay repayment of Irish bailout loans
All 27 EU finance ministers have now given a green light to extending the maturity of Ireland’s bailout loans by seven years.
# Bailout
EU and Eurozone finance ministers begin two-day summit in Dublin
Ministers will discuss extending the repayment dates of Ireland’s loans, and the aftermath of the Cyprus bailout catastrophe.
# IMF
Austerity-only policy for Ireland was a mistake, admits former IMF chief
Ashoka Mody says the Troika chose to go down an austerity-only route instead of conceding on terms and conditions.
# Bailout
Troika recommends 'giving Ireland seven more years to repay loans'
Proposals seen by Reuters, to be put to ministers in Dublin this weekend, would see extra time given for Ireland and Portugal to repay.