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Ireland’s IMF Loans Plan Receives Ecofin Backing

EU Finance Ministers have approved plans to repay our IMF bailout loans ahead of schedule.

Ireland now stands to save 1.5 billion euro over the next five years, after Ecofin Ministers made the agreement in Milan this afternoon.

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Michael Noonan says he's hopeful that the NTMA will be in a position to refinance the first part of our IMF loans by the end of this year.

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