Rescue funds chief backs easier repayment terms for Ireland
The option being discussed for the two bailed-out countries only involves extending maturities, in contrast to Greece, Mr Regling said in an interview with Spiegel magazine posted on its website.
“Unlike Greece, Ireland and Portugal want no suspension of debt servicing and interest payments, but rather only longer maturities on one part of their loans,” said Mr Regling, who leads the permanent €500bn European Stability Mechanism and the temporary European Financial Stability Facility.
