Arab Today, arab today eurogroup supports ireland\s decision to exit bailout
Last Updated : GMT 19:10:18
Arab Today, arab today
Arab Today, arab today

Eurogroup supports Ireland\'s decision to exit bailout

Arab Today, arab today

Arab Today, arab today Eurogroup supports Ireland\'s decision to exit bailout

Brussels - XINHUA

Eurogroup said late Thursday that it supports the decision of Ireland to exit from the bailout program in the coming weeks. The statement came hours after the Irish government said it would "make a clean exit" from its three-year international bailout in the coming weeks without recourse to a precautionary line of credit. "We fully support the Irish government's decision to exit the programme without requesting any successor financial assistance," Eurogroup said in a statement after eurozone finance ministers. "After an impressive turnaround, favorable financing terms demonstrate the regained trust of investors in the Irish sovereign," it added. While congratulating the Irish authorities for the successful implementation of the programme, the Eurogroup praised the "very good work" done thus far in terms of fiscal consolidation and structural reforms. These efforts have allowed Ireland to return to a path of sustainable growth and job creation, as evidenced by the nascent economic recovery, declining, although still high, unemployment and improving business confidence, it said. The European bailout fund is expected to make a last disbursement of 0.8 billion euros (about 1.1 billion U.S. dollars) in January once the final review is formally completed in early December, according to the statement. The International Monetary Fund (IMF) is also expected to disburse a final 0.6 billion euros subject to the approval of the review by its Executive Board, it added.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today eurogroup supports ireland\s decision to exit bailout Arab Today, arab today eurogroup supports ireland\s decision to exit bailout

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today eurogroup supports ireland\s decision to exit bailout Arab Today, arab today eurogroup supports ireland\s decision to exit bailout

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday