27/11/2017 (Agence Europe) – On Monday 27 November, the European Financial Stability Facility (EFSF) authorised Ireland to repay €4.5 billion in loans from the IMF and bilaterally from Denmark and Sweden, in the framework of the Irish bailout plan concluded in 2013. To do so, the EFSF had to waive its right to benefit from equally favourable treatment as that reserved for its creditors. These early repayments will allow Ireland to reduce the cost of servicing its government debt. “This...