Chairman of Eurogroup hopeful about extending maturity of loans

The Chairman of the Eurogroup of Finance Ministers has said he's hopeful that a new deal will be done tomorrow to give Ireland more time to pay back its bailout loans.

The Chairman of the Eurogroup of Finance Ministers has said he is hopeful that a new deal will be done tomorrow to give Ireland more time to pay back its bailout loans.

But speaking to reporters in Cork, Jeroen Dijsselbloem played down concerns that the German Parliament would seek to veto, or amend any agreement.