Ireland to repay billions of bailout loans early to avoid hefty interest rates

Ireland is to repay billions of euro of bailout loans early in order to avoid €150m of interest.

Ireland to repay billions of bailout loans early to avoid hefty interest rates
Thu, 07 Sep, 2017 - 16:29

Ireland is to repay billions of euro of bailout loans early in order to avoid €150m of interest.

The IMF chief Christine Legarde today gave the green light to a government plan to repay €4.5bn earlier than planned, while Sweden will accept €600m and Denmark €400m.

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