Lenihan welcomes IMF support for NAMA proposal

Finance Minister Brian Lenihan has described yesterday's IMF report on the Irish economy as a vote of confidence in the Government's handling of the financial crisis.

Lenihan welcomes IMF support for NAMA proposal

Finance Minister Brian Lenihan has described yesterday's IMF report on the Irish economy as a vote of confidence in the Government's handling of the financial crisis.

The report criticised the stoking of Ireland's property boom in recent years and said that, as a result, the Irish economy will contract by more than any other in the developed world.

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