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Ireland will not seek second bailout, says Creighton

The European Affairs Minister says the government will not be seeking a second bailout. Lucinda ...
Newstalk
Newstalk

10.18 27 Jul 2012


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Ireland will not seek second b...

Ireland will not seek second bailout, says Creighton

Newstalk
Newstalk

10.18 27 Jul 2012


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The European Affairs Minister says the government will not be seeking a second bailout.

Lucinda Creighton says the bond auction yesterday means it is now “definitely possible” that Ireland could return to the bond markets.

Ireland successfully borrowed from the markets yesterday at an interest rate of around 6%.

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Minister Creighton says it was a step in the right direction.

She said the government has never entertained the idea of getting more money from the Troika.

She spoke with Breakfast here on Newstalk.


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