Ireland close to deal on repaying IMF loans early

Ireland moved close to an accord on repaying IMF bailout loans early, with Sweden set to become the last EU nation to agree.

Ireland close to deal on repaying IMF loans early
Fri, 14 Nov, 2014 - 00:00
Joe Brennan, Amanda Billner and Johan Carlstrom

Sweden’s parliament’s finance committee unanimously proposed to allow Ireland to refinance IMF funds without triggering similar payments on its lower-cost European loans.

Sweden is the last EU approval needed, and a vote by parliament is scheduled for next Wednesday .

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