Payback for €3.8bn bailout loan from Britain

7th April, 2019
At the time of the bailout, the then British government, led by David Cameron

The state will this month begin repaying the billions of pounds it borrowed from Britain as part of the financial bailout in 2010.

The first tranche of the £3.25 billion (€3.8 billion) loan Ireland received from the British government will be repaid on April 15 with a £403 million transfer, according to the National Treasury Management Agency.

Under the terms of the loan agreement with Britain, the debt is due to be repaid seven and a half...

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