Ireland : Third Review Under the Extended Arrangement: Staff Report; Letter of Intent; Memorandum of Economic and Financial Policies; Technical Memorandum of Understanding; Letter of Intent and Memorandum of Understanding on Specific Economic Policy Conditionality (College of Commissioners);Staff Supplement; Press Release on the Executive Board Discussion.

Author/Editor:

International Monetary Fund

Publication Date:

September 7, 2011

Electronic Access:

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Summary:

The Irish authorities steadfastly maintained strong policy implementation despite a sharp escalation and expansion of stress in euro area sovereign bond markets. Strengthened European support is welcome, but early implementation is key, and restoring broader stability in the euro area is essential. Strengthening supervision and the broader financial framework is critical. Lowering the interest rates on EU loans, and lengthening their maturities, will improve debt and debt service dynamics. Timely and sound implementation of financial sector reforms will help to fully benefit from stronger European support.

Series:

Country Report No. 11/276

Subject:

English

Publication Date:

September 7, 2011

ISBN/ISSN:

9781463902353/1934-7685

Stock No:

1IRLEA2011003

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

80

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