OUT OF MIND
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Latest topics
» Astrophysicists find rare star spinning backwards
IMF deal on table if no bank debt agreement, sources say EmptyYesterday at 4:41 pm by PurpleSkyz

» Bright Meteor Fireball Flashes across Sky over Alberta, Canada
IMF deal on table if no bank debt agreement, sources say EmptyYesterday at 4:38 pm by PurpleSkyz

» Everything is Fake in Utopia
IMF deal on table if no bank debt agreement, sources say EmptyYesterday at 4:34 pm by PurpleSkyz

» Biden Caught In Another Big Lie – Claims More Deaths from COVID than WWI, WWII and Vietnam Wars Combined – Simply Not True
IMF deal on table if no bank debt agreement, sources say EmptyYesterday at 4:26 pm by PurpleSkyz

» Fire Fauci is Trending on Twitter and It’s Long Overdue
IMF deal on table if no bank debt agreement, sources say EmptyYesterday at 4:08 pm by PurpleSkyz

» “Irrefutable Proof Is Coming Soon – We Are NOT Done” – Sidney Powell Responds to Supreme Court Decision to Ignore Election Fraud
IMF deal on table if no bank debt agreement, sources say EmptyYesterday at 4:02 pm by PurpleSkyz

» UK Report: Experimental MRNA Injections Caused 1716 Cases Of Eye Disorders And Left 22 People Blind
IMF deal on table if no bank debt agreement, sources say EmptyYesterday at 3:59 pm by PurpleSkyz

» Hidden message found on Mars parachute
IMF deal on table if no bank debt agreement, sources say EmptyYesterday at 3:47 pm by PurpleSkyz

» Boris is to Blame!
IMF deal on table if no bank debt agreement, sources say EmptyYesterday at 11:41 am by PurpleSkyz

» 75% Of US Troops Refused Taking COVID-19 Vaccine Says Pentagon Report
IMF deal on table if no bank debt agreement, sources say EmptyYesterday at 11:37 am by PurpleSkyz

» Moralization of COVID-19 Clouds Human Judgment
IMF deal on table if no bank debt agreement, sources say EmptyYesterday at 11:30 am by PurpleSkyz

» Justice Thomas Blasts Supreme Court For Dismissing Election Fraud Lawsuit In Scathing Dissent
IMF deal on table if no bank debt agreement, sources say EmptyYesterday at 10:47 am by PurpleSkyz

» Good People Doing Good Things — Texans
IMF deal on table if no bank debt agreement, sources say EmptyYesterday at 10:42 am by PurpleSkyz

» 22 More Fatalities After the Experimental mRNA COVID Injection in the Netherlands
IMF deal on table if no bank debt agreement, sources say EmptyYesterday at 10:34 am by PurpleSkyz

» Boycott the Gaslight Media and Save America
IMF deal on table if no bank debt agreement, sources say EmptyYesterday at 10:30 am by PurpleSkyz

» Dave Schmidt - Dumps The Meta 1 Coin Scam And Goes Back To The Currency Exchange Scam - ZIM Now Included!
IMF deal on table if no bank debt agreement, sources say EmptyYesterday at 12:19 am by RamblerNash

» Ancient structures found at the bottom of the Atlantic Ocean
IMF deal on table if no bank debt agreement, sources say EmptyTue Feb 23, 2021 7:29 pm by PurpleSkyz

» Since COVID Vaccines Are Experimental, Vaccine Administrators Must Inform You of Risks
IMF deal on table if no bank debt agreement, sources say EmptyTue Feb 23, 2021 7:24 pm by PurpleSkyz

» The ‘Greater’ Reset & the Hopi Prophecy of the Two Paths
IMF deal on table if no bank debt agreement, sources say EmptyTue Feb 23, 2021 7:18 pm by PurpleSkyz

» North Dakota House Votes To Make Mask Mandates Illegal
IMF deal on table if no bank debt agreement, sources say EmptyTue Feb 23, 2021 7:12 pm by PurpleSkyz





***********

CLICK THE SUBSCRIBE BUTTON BELOW TO RECEIVE OUR DAILY NEWSLETTER

A 2ND EMAIL COMPLETES THE ACTIVATION PROCESS




CLICK THE PURPLE BUTTON TO VIEW OUR LATEST POSTS







You are not connected. Please login or register

OUT OF MIND » THE INSANITY OF REALITY » GLOBAL FINANCIAL COLLAPSE » IMF deal on table if no bank debt agreement, sources say

IMF deal on table if no bank debt agreement, sources say

Go down  Message [Page 1 of 1]

PurpleSkyz

PurpleSkyz
Admin
The Irish Times - Saturday, January 26, 2013IMF deal on table if no bank debt agreement, sources say



Related


  • Greenpeace chief defends attendance at economic forum | 26/01/2013
  • Draghi urges European leaders to keep up momentum on integration | 26/01/2013

In this section »



  • Garda shot dead outside credit union
  • Farewell to the man who gave Dublin star quality
DEREK SCALLY in Davos and TOM HENNIGAN in Santiago
Details
of the Government’s strategy to win a bank debt deal and exit the
bailout emerged yesterday in Davos. Government sources said Ireland is
prepared to accept a new, conditional IMF programme if bank debt talks
do not deliver optimal conditions for returning to markets.
Officially
Irish representatives at the World Economic Forum declined to discuss
details of a possible successor IMF programme other than to say “all
options are on the table”, upping the ante for a debt deal.
But a
Government source said: “As we move to the end of the programme we are
looking at all the various options available to us. It’s much too early
to say which options will be required but we are not ruling any out.”
Germany
appeared to be caught unawares by the Government’s discussions with the
IMF, and officials in Berlin declined to comment yesterday.
If
Ireland were to enter a conditional programme with the IMF, it would
have the effect of depriving the European Union of a much-needed
economic success story.
Irish officials said whether Ireland
availed of the IMF offer would depend on many factors, including the
outcome of ongoing negotiations on Ireland’s banking debt.
Strategy
However,
if the Government’s strategy is perceived by European partners as an
overt attempt to exert pressure to expedite agreement on debt
concessions, it could backfire.
Officials familiar with the talks
said any new line of credit from the IMF – if agreed – could take the
form of an active or precautionary arrangement.
Such exit arrangements are common, though not obligatory, for programme countries; nor are such backstops always activated.
“How these negotiations work out will have an impact on how we are perceived by markets,” said the Government source.
One
source familiar with troika talks said the prospect of additional IMF
assistance could be a double-edged sword for the Government. Successor
programmes, as with all IMF credit, are always conditional. The strings
attached could be entirely new or could draw on politically unpalatable
conditions from the old programme.
Taoiseach Enda Kenny left Davos
yesterday confident that business and political leaders had heeded his
warning that Ireland’s recovery was fragile and dependent on the coming
months.
Tánaiste in Chile
Meanwhile,
Tánaiste Eamon Gilmore has taken Ireland’s campaign for a renegotiation
of its bank debt to South America, arguing for an “appropriate agreement
with the European Central Bank” at a gathering of EU and Latin American
leaders in Chile.
Mr Gilmore said such a deal was necessary to
bring about a “post-crisis Ireland”. His comments form part of the
latest diplomatic offensive by the Government to convince its EU
partners to renegotiate the country’s bank debt.
Over the weekend,
at the first gathering of EU leaders during the Irish presidency of the
bloc, the Tánaiste will meet with German Chancellor Angela Merkel and
hold bilateral talks with the prime ministers of France and Finland as
well as Chilean president Sebastian Piñera.


Thanks to: http://www.irishtimes.com



  

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum