14/11/2013

Date Set For Bailout Exit

Ireland will exit the EU/IMF bailout without a precautionary credit line, the government has announced.

It is understood the decision was reached during a cabinet meeting held on Thursday morning, which followed the Troika's 12th and final visit last week.

Ireland is set to leave the bailout program on 15 December.

The Taoiseach is reported to have welcomed news of the exit, saying that Ireland was "in a strong position".

(MH/JP)

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