Repayment period of multi-billion euro loans to Ireland extended

The repayment period for two multi-billion euro loans to Ireland have been extended by up to seven years.

Repayment period of multi-billion euro loans to Ireland extended
Mon, 24 Jun, 2013 - 13:34

The repayment period for two multi-billion euro loans to Ireland have been extended by up to seven years.

The European Financial Stability Facility - which lent Ireland €17.7bn as part of the bailout - has today decided to extend the maturities of its loans to Ireland and Portugal.

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