Solution to eurozone crisis ‘fundamental’ to Irish recovery

THE National Treasury Management Agency (NTMA) expects to return to the bond markets towards the end of 2012, but says a solution to the wider eurozone problem will be “fundamental” to Irish debt being sold to international investors again.

Speaking at the publication of the NTMA’s 2010 annual report yesterday, the agency’s chief executive, John Corrigan, said: “The key criteria investors will consider before deciding to invest in Ireland are:

* continuing progress in meeting the fiscal targets agreed with the troika;