Sunday July 5, 2020

Should we seek a bailout lifeline?

Of course, we will have more than Euro 20 billion in cash ourselves, so in a sense we have our own credit line'

27th October, 2013
Cliff Taylor

Tomorrow, Minister for Finance Michael Noonan will meet IMF managing director Christine Lagarde in Washington to discuss Ireland's bailout exit. Afterwards, both sides will probably use a similar formula as was used after Noonan's meetings last week with EU Commissioner Olli Rehn and ECB president Mario Draghi – that the talks were ''constructive''.

This gives the idea of quietly competent discussions which will reach a logical conclusion. Of course, the reality is that...

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