EU and IMF give green light to Government plan

THE EU and IMF have given the Fine Gael-Labour coalition the green light to implement its Programme for Government, Finance Minister Michael Noonan has said.

They have also accepted that the Government should wait for stress tests on the banks to be completed before pumping more money into them.

Senior officials from the EU, ECB and IMF completed a two-day visit to Ireland with a meeting with Mr Noonan and Public Expenditure Minister Brendan Howlin at the Department of Finance.