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Irish seek new EU credit line to ease bailout exit
Associated Press ^ | Sep 6, 2013 6:17 AM EDT

Posted on 09/06/2013 7:12:05 AM PDT by Olog-hai

The Irish government says it wants the European Union to grant it a new precautionary line of credit worth a potential €10 billion ($13 billion) to ease its planned exit this year from an international bailout.

Finance Minister Michael Noonan says Ireland wants the credit line only as a safeguard “to give confidence to our lenders.” …

(Excerpt) Read more at hosted.ap.org ...


TOPICS: Business/Economy; Foreign Affairs; Government; News/Current Events
KEYWORDS: bailout; eurobanking; eussr; ireland
The only thing that more credit will lead to is more subjugation. The borrower is slave to the lender.
1 posted on 09/06/2013 7:12:05 AM PDT by Olog-hai
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To: Olog-hai

Hey they’ve done their masters’ bidding by okaying divorce and abortion now they want to get paid off.


2 posted on 09/06/2013 9:51:04 AM PDT by jmaroneps37 (Conservatism is truth. Liberalism is lies.)
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To: Olog-hai

Hey they’ve done their masters’ bidding by okaying divorce and abortion now they want to get paid off.


3 posted on 09/06/2013 9:51:29 AM PDT by jmaroneps37 (Conservatism is truth. Liberalism is lies.)
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