There are hopes that Ireland could save billions of euro on the cost of part of its bailout programme, on foot of moves in Brussels.
Finance Minister Michael Noonan has revealed that his eurozone counterparts are to consider whether to extend the repayment schedule of the loans Ireland got from the EFSF.
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The technical details have yet to be worked out, but Minister Noonan says there was no objection to the plan at yesterday’s Eurogroup meeting.
