Brussels, 23/04/2013 (Agence Europe) - As expected, Ireland has sailed through the recent fact-finding mission by its international lenders. Their positive assessment now paves the way for the payment of a new batch of aid, worth €1.6 billion, by the European Financial Stability Fund (EFSF).
Ireland reduced its budget deficit to 7.6% of GDP in 2012 and will easily be able to achieve its 2013 objective of 7.5%. The troika of lenders (European Commission, ECB and IMF) say that restructuring...