Honohan ‘unsure when Ireland will return to markets’

CENTRAL Bank governor Patrick Honohan said it is too early to say when the country will be able to return to markets, according to an interview with Market News International.

“We just have to wait and see that the rest of the environment recovers in such a way that these spreads come down much more rapidly and that the Government can easily get back into the market at realistic and reasonable interest rates,” Honohan told the news agency.

It will be “the key thing in Ireland to make sure the fiscal adjustment happens” in line with the aid programme agreed with the European Union.