“Ireland and Spain have a good chance to wrap up their aid plan quickly.” This is supported by the European Commissioner for Economic Affairs Olli Rehn.
In fact, Irish Prime Minister Enda Kenny said on Saturday that Ireland would exit its 85 billion euro bailout plan by mid-December. As far as Spain is concerned, European sources let it be known that a definitive agreement has not yet been found, at the moment there is only a kind of "tacit agreement".
However, it is not clear whether the two countries will need support to move safely from the bailout phase to the phase of full return of financing through the market (for Spain it would be only the banks). "It's too early to tell," said Olli Rehn.
