ESM could identify no risks on Ireland: Klaus Regling

ESM will issue €29 billion in bonds next year

Regling was speaking to reporters after a meeting of Euro-area finance ministers Pic: Rollingnews.ie

Klaus Regling, Managing Director of the European Stability Mechanism, the eurozone's bailout fund, has said the ESM could not identify any risks on Ireland.

Regling was speaking to reporters in Brussels this afternoon after a meeting of Euro-area finance ministers.

He cited recent credit rating upgrades for Ireland in his comments.

Meanwhile, the ESM's board of directors will tomorrow consider a disbursement of €2.7 billion in government aid for the National Bank of ...