Ireland May Need Additional Emergency European Union Loan, Times Says

Ireland may need an additional emergency loan from the European Union and International Monetary Fund, the Sunday Times reported, citing an interview with Irish Transport Minister Leo Varadkar.

Ireland was unlikely to be able to fund itself in the government bond markets next year and may struggle to do so in 2013, the Times quoted Varadkar as saying.

To contact the reporter on this story: Gavin Finch in London at gfinch@bloomberg.net

To contact the editor responsible for this story: Edward Evans at eevans3@bloomberg.net

Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.