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Home News IMF approves 22.5 billion euro loan for debt-hit Ireland

IMF approves 22.5 billion euro loan for debt-hit Ireland

Published on 16/12/2010

The International Monetary Fund gave Ireland the go ahead to borrow 22.5 billion euros 30.1 billion dollars to fend off a debt crisis threatening the country's economy. Ireland's Parliament had voted, Wednesday, in favor of a EU-IMF bailout.