153 Deputy Seán Fleming asked the Minister for Finance in respect of the EU-International Monetary Fund Programme for Assistance, if a moratorium on interest payments was agreed as part of this deal and the period of this moratorium; the year in which interest charged will have to be paid; if this rolled up interest was in addition to the amounts to be provided by the EU and IMF or was it to be part of the overall assistance package; if he will outline the effect of a 1% reduction in interest rates on the actual payments to be made each year under this deal as originally drawn up notwithstanding the actual draw down of funds would vary depending on requirements; and if he will make a statement on the matter. [9673/11]

Summary

153 Deputy Seán Fleming asked the Minister for Finance in respect of the EU-International Monetary Fund Programme for Assistance, if a moratorium on interest payments was agreed as part of this deal and the period of this moratorium; the year in which interest charged will have to be paid; if this rolled up interest was in addition to the amounts to be provided by the EU and IMF or was it to be part of the overall assistance package; if he will outline the effect of a 1% reduction in interest rates on the actual payments to be made each year under this deal as originally drawn up notwithstanding the actual draw down of funds would vary depending on requirements; and if he will make a statement on the matter. [9673/11]

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• Interest Rates

  xml · EN · 3 May 2011

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