Thursday, December 20, 2012

Debt deal needed to ensure bailout exit - Taoiseach

Debt deal needed to ensure bailout exit ? Taoiseach

Debt deal needed to ensure bailout exit ? Taoiseach

Taoiseach Enda Kenny TD said he expects Ireland will return fully to bond markets late next year.

In an interview in advance of the country taking over the EU presidency for a six-month period he stressed that a deal on easing bank debt is necessary to ensure a successful bailout exit.

"We would hope to be the first country to actually exit in 2013 but that level of support that has been committed to Ireland is very necessary to be carried through.

"This assistance and this support is very necessary for Ireland to exit the programme."

The Taoiseach also said the Government would not seek a second bailout.

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Source: http://www.businessandleadership.com/leadership/item/38755-debt-deal-needed-to-ensure

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