Irish PM vows no Europe 'mayhem'

18th April 2011, Comments 0 comments

Irish Prime Minister Enda Kenny vowed Monday his country would not cause "mayhem" in Europe by defaulting on its debts, as he held talks in London with his British counterpart David Cameron.

Kenny, who came to power in March, said Dublin would not hold the threat of financial chaos over the EU as it seeks to renegotiate the terms of a 85-billion-euro ($115-billion) bailout package agreed last year.

"We have no intention of causing mayhem here," Kenny told BBC radio.

"We're not looking for more money from Europe, we are looking for less money with greater flexibility."

He added that Ireland had "always been absolutely responsible and central to the entire European process since we joined in the 70s. We supported every referendum that came along in terms of European treaties."

Kenny said he would also discuss with Cameron the possibility of lower interest on a British bilateral loan, adding: "That would be nice."

The two leaders were also expected to map out future bilateral relations and discuss arrangements for the forthcoming visit of Queen Elizabeth II to Ireland during their talks.

Ireland, sinking under the huge debts racked up by its banks, was rescued last year by the bailout put together by the European Union and the International Monetary Fund.

It was the second eurozone country after Greece to accept a bailout but after months of speculation, Portugal admitted this month that it too needs urgent assistance from the EU.

© 2011 AFP

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