FRANKFURT (MNI) – Talks between the Irish government, International
Monetary Fund (IMF), the European Central Bank (ECB) and the European
Commission, to start in Dublin later today, are likely to result in a
loan to Ireland, European Central Bank Governing Council member Patrick
Honohan said in a televised interview.
Speaking on RTE this morning, the Irish central bank head insisted
that the talks were not about a bailout. He said the Irish government
would have to accept the resulting loan of “tens of billions” of euros.
The intention of the visit is to extend loan to Ireland, and the
expectation is that Ireland will take it, Honohan said.
[TOPICS: M$$EC$,M$$FX$,M$$CR$,MGX$$$,M$X$$$,MT$$$$]
