Ireland needs more time to repay EU bailout | Bangkok Post: news

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Ireland needs more time to repay EU bailout

Crisis-hit Ireland needs more time to repay its bank bailout funds, the eurozone member's central bank governor Patrick Honohan said in an interview with a German daily Saturday.

Protesters light a flare as they protest outside the Dail, the Irish Parliament, in Dublin on December 6. Crisis-hit Ireland needs more time to repay its bank bailout funds, the eurozone member's central bank governor Patrick Honohan said in an interview with a German daily Saturday.

Honohan told the Frankfurter Allgemeine Zeitung that the government was trying to win back financial market confidence and the current repayment plan was complicating that endeavour.

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