Release of $2.1 billion more for Ireland bailout by IMF

  • Another $2.1 billion of the rescue package will be released for Ireland by the International Monetary Fund (IMF).
  • According to the IMF, Irish economy was showing signs of stabilisation.
  • Along with those of Greece and Portugal, Ireland’s budget and banking crisis threatened the stability of the Euro.
  • Heavy debt burdens are also on Spain and Italy

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