IMF releases $1B for Ireland's financial rescue

09/26/2013 | Reuters · (Ireland)

The International Monetary Fund expressed concern about Ireland's contracting economy while releasing an additional $1 billion in rescue funds. For Ireland's national debt to be sustainable, its economy needs to start growing by more than 2% annually next year, the IMF said. Ireland's economy decreased 1.2% in the second quarter, the fund said.

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Reuters · (Ireland)

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