News In Brief

Ticker

Ireland in talks on repaying IMF loans early

25.07.14 @ 09:26

  1. By EUOBSERVER

Dublin is seeking to restructure the IMF portion of its €64 billion bailout loan repayments, reports the Irish Times. The move, which needs to be agreed by EU capitals, could save the country billions in interest payments. The IMF interest rate is over twice that on the European loans.