IMF cometh. Thank you Bertie, McCreevey, Cowen, Lenihan, Harney, McDowell and Ryan.

Press Release No. 10/441

November 16, 2010

A spokesperson for the International Monetary Fund (IMF) issued the following statement today on Ireland:

“We welcome the intention of the Irish authorities to implement a decisive multi-year fiscal plan and measures to bolster and strengthen its financial sector.

“At the request of the Irish authorities, an IMF team will participate in a short and focused consultation, together with the European Commission, and the ECB, in order to determine the best way to provide any necessary support to address market risks.”