Il International Monetary Fund announced that it has approved a payment of €3,9 billion to Ireland. It is about fifth tranche of the loan agreed in December 2010. The board of directors of the international institution based in Washington has given the go-ahead for the operation, bringing the total amount made available to Dublin to 13,1 billion euro.
Ireland had obtained a bailout of 85 billion euros over three years, fed by the IMF up to 22,5 billion euros. Eurozone members, the UK, Sweden, Denmark and some Irish public funds guaranteed the rest of the sum.
