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Image header Agence Europe
Europe Daily Bulletin No. 10259
Contents Publication in full By article 17 / 43
GENERAL NEWS / (eu) eu/ireland

Talk about a “substantial” loan

Brussels, 18/11/2010 (Agence Europe) - On Thursday 18 November, the Governor of the Bank of Ireland, Patrick Honohan, said on the RTE radio station that he expected the Irish government to negotiate a “very substantial loan, amounting to tens of billions of euro.” An interest rate of close to 5% might be charged on such a loan until it is repaid. “It's my expectation that that is what is definitely likely to happen. That's why the large technical teams are sitting down discussing these...

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