International Monetary Fund (IMF) on their way to Ireland

Loan terms to be worked out say insiders

Published Thursday, November 18, 2010, 12:34 PM

Updated Thursday, November 18, 2010, 1:56 PM

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Head of the IMF, Ajai Chopra, arrives to Merrion Street, Dublin

The International Monetary Fund (IMF) mission is on its way to Ireland and plans to begin talks tomorrow to assess what needs to be done to secure Ireland’s financial security.

Spokesperson for the IMF, Caroline Atkinson, speaking to reporters in Washington, said Ajai Chopra, the head of the mission, had already arrived in Dublin, and the rest of the ten to 12-person team is on its way.

Atkinson declined to comment on how much Ireland might need of how the financial package would be structured. She did say that the IMF had not received a request for financial support from Ireland.

Earlier this morning Central Bank Governor, Patrick Honohan, said he expected the outcome of the meetings would be a loan for Ireland. During the meetings the IMF, ECB and European Commission will discuss Ireland’s four-year budgetary plan and the restructuring of the bank sector.

Ireland’s Prime Minister, Brian Cowen, said that while he respected the governor's entitlement to give his view on the meeting he said that his responsibility was to get the best possible outcome for the country. He also denied and he was talking in riddles when it came to the talks.

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Dublinjas | Nov 19, 2010, 04:37 PM EST

For the longest time the disgraceful damage to the Nation was being carried out by the Mary's and all the rubbish they caused to happen in our small Nation that some thought would hold all the worlds undesirables, Then the Liz's got into the act and God help us they were nearly the end of us entirely until slipping quietly out the side door, Then enter the Brian's onstage one would look after the bankers and the other the bullchit even though both were perfect bullchitters then they even decided to bring in another Mary and that sealed it for the Irish tax payers they were on the express to hell and damnation. With the country going into slavery and control of the European Bankers and the Bankers of Washington in the form of the IMF, So our history from Brian Borou to Brian's the Borro-wers has not been much in our own hands we I fear are destined to be wanderers on this earth with no land of our own of any significance as long as we have the Mary's, Liz's and God help us the Brian's.

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