Ireland Likely to Tap EU/IMF Loan
DUBLIN (
) -- Patrick Honohan, the Irish central bank governor, said Thursday he expects debt-stricken Ireland to tap a loan from the European Union and International Monetary Fund worth tens of billions of euros, according to reports.
He made his comments in an interview with Irish state broadcaster
RTE
.
Honohan said he expects "a loan will be made available and drawn down as necessary" by the Irish government,
Bloomberg
reports.
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Representatives of the EU, the European Central Bank and the IMF are meeting in Dublin Thursday to examine both the government and banks' accounting books.
The talks are expected to last several days, according to the
Associated Press
.
-- Written by Joseph Woelfel
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