IMF fears Ireland could still lose access to markets

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Despite close adherence the programme of fiscal consolidation and structural reforms, Ireland could still lose access to sovereign bond markets if there is not "forceful delivery" on European commitments, the International Monetary Fund said today (December 19).

The eighth review of Ireland's extended fund facility said part of the reason for improved market conditions in Ireland had been investors pricing in European commitments to direct recapitalisation of banks using European Stability Mecha

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