DUBLIN: Ireland will seek a 10 billion euro (£8.41bil) credit line when its EU-IMF bailout expires later this year, which it will draw on only if needed, according to Finance Minister Michael Noonan.
The Irish government’s borrowing costs have fallen steadily since they peaked in 2011, paving the way for the country to exit its 85 billion-euro bailout at the end of the year.
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