Belfast Telegraph

Ireland first out of bailout zone

The Taoiseach has announced that the Republic will become the first eurozone country to exit an international bailout in mid-December, and could do so without further financial assistance from Europe. "There's still a long way to go. But at last, the era of the bailout will be no more," Enda Kenny said to loud applause at a party rally in Limerick on Saturday. He also said that Tuesday's Irish budget will be necessarily tough. Economists have cautiously welcomed the news, but warn that despite the thawing of the economic ice, there is still much to do.

 

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