EU/IMF conclude deal with Ireland on bailout-sources

BRUSSELS, Nov 28 (BestGrowthStock) – The European Union, European
Central Bank and the IMF have concluded negotiations with Irish
authorities on a bailout and the deal is ready to be signed off
by EU finance ministers, EU sources said on Sunday.

“The negotiations are complete and a package has been agreed
on the ground,” a source involved in the discussions said.

“EU finance ministers are now ready to sign off on it, but I
think they will also want to discuss some of the finer details
and add some political impetus to what has been agreed in
Ireland,” he said.

Another source confirmed the deal was in the region of 85
billion euros, but would not provide further details.

Finance ministers from the 16 euro zone countries are
scheduled to begin meeting in Brussels from 1200 GMT to sign off
on the package, which will then be put to all 27 EU finance
ministers at a separate meeting from 1400 GMT in Brussels.

The details of the bailout are expected to be announced well
before financial markets open in Asia on Monday.

EU/IMF conclude deal with Ireland on bailout-sources