Financial Assistance for Ireland

Monday 10th January 2011 Written Statements

[The Financial Secretary to the Treasury (Mr Mark Hoban)]

I have today placed in the Libraries of both Houses copies of the agreement providing a credit facility to Ireland of £3,226,960,000. This agreement was negotiated between HM Treasury and Ireland and signed on the 22 December following enactment of the Loans to Ireland Act, which received Royal Assent on 21 December 2010.