Lagarde: 'We don't invent new terms' for bailout loans

The head of the IMF Christine Lagarde has said there will be no special concessions on the IMF portion of Ireland's bailout loans.

Speaking after a meeting with the Finance Minister Michael Noonan and the Tánaiste Eamon Gilmore, Ms Lagarde said the IMF has to operate "in an even-handed way" and "within its own rules".