The British Minister of Economy believes nationald
The British Minister of Economy believes national interest to help Ireland.
London, November 22 .- The British Minister of Economy, George Osborne, today said that national interest is for the United Kingdom and Ireland to help confirm that the country's total contribution will be around 7,000 million pounds ($ 8,050 million euros).
Speaking to BBC Radio 4, Osborne also confirmed that the UK will make a direct bilateral loan because Ireland is the closest economic neighbors.
, gaia gold, "What we have committed is to be partners, as shareholders of the International Monetary Fund (IMF) in an international bailout of the Irish economy," he said.
"But we have also made a commitment to consider a bilateral loan that reflects the fact that there are parts of the euro and do not want to be part of, buy aika gold, the euro," added Osborne.
"Ireland is our closest economic neighbors. I consider this national interest as part of international efforts to help the Irish," he said.
Asked if he could confirm the figure of 7,000 million pounds, Osborne said, "is about that."
"Ireland is a friend in need (help) and we are here to help," noted the minister, who this, ff14 gil, afternoon will make a parliamentary statement on the Irish situation.
"It is of national interest to help Ireland," he insisted.'s What we're doing. The reason that there is a bilateral contribution is to recognize the fact that there is a particular economic relationship between the UK and Ireland. "
While Osborne affirm that opposes the United Kingdom joining the European single, ffxiv gil, currency, said "it is in everyone's interest to make the euro work."
Ireland accepted the weekend bailout of the EU and the IMF, which forced the country to implement a restructuring of its banking system and its budgetary policy.
At the request of the Irish Government, Europe's finance ministers agreed yesterday to activate a mechanism of support in Ireland for an amount "less than 100,000 million euros."
According to the BBC, the Irish economy is important for the United Kingdom because there are many British exports to that country and its banks have a special presence in Northern Ireland.
Irish Prime Minister Brian Cowen said on Sunday that the government opens another round of negotiations with the competent authorities to determine the details and conditions of redemption.