Ad
Kenny: the Anglo Irish Bank collapsed in 2010, forcing Ireland into an EU-IMF bailout (Photo: eu2013.ie)

ECB gives blessing to 'historic' debt deal for Ireland

The Irish government has secured the tacit blessing of the European Central Bank (ECB) on a long-awaited deal extending the debt repayment on its bailed out banks.

"Today's outcome is an historic step on the road to economic recovery," Irish Prime Minister Enda Kenny said on Thursday (7 February) in the Irish parliament.

"The new plan will likely materially improve perceptions of our debt sustainability in the eyes of potential investors in Ireland," Kenny added.

Meanwhile,...

Get EU news that matters

Back our independent journalism by becoming a supporting member

Already a member? Login here
Kenny: the Anglo Irish Bank collapsed in 2010, forcing Ireland into an EU-IMF bailout (Photo: eu2013.ie)

Tags

Ad

Related articles

Ad
Ad