€488m tranche of UK loan given to Ireland

The latest multimillion-pound instalment of a UK loan to Ireland has been given to Dublin, the British Treasury said today.

€488m tranche of UK loan given to Ireland

The latest multimillion-pound instalment of a UK loan to Ireland has been given to Dublin, the British Treasury said today.

UK Financial Secretary Mark Hoban confirmed more than £403m (€488m) had been sent across to Ireland as part of the £3.3bn (€4bn) bailout loan deal agreed in 2010.

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