IMF: Govt must tackle mortgage arrears

The International Monetary Fund has said sorting out mortgage arrears and getting Europe to restructure bank debt are vital if Ireland is to exit the bailout by year's end.

IMF: Govt must tackle mortgage arrears

The International Monetary Fund has said sorting out mortgage arrears and getting Europe to restructure bank debt are vital if Ireland is to exit the bailout by year's end.

In its latest review of the Troika programme, the IMF also warned that despite the promissory note deal, the Coalition cannot back away from any budget cuts or taxes.

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