Ireland may emerge from bailout without need for EU backstop

10/14/2013 | Irish Times (Dublin), The · (Ireland)

Olli Rehn, the EU economic and monetary affairs commissioner, said he supports Ireland's position that it can emerge from its bailout without a precautionary credit line from the EU and the International Monetary Fund. Other eurozone officials said the details of Ireland's exit from its financial rescue will have to wait until the Irish Central Bank completes its "stress tests" of the country's banks. European Central Bank President Mario Draghi refused to comment on the issue.

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Irish Times (Dublin), The · (Ireland)

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