Dutch Ireland contribution is €2.7bn

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The Netherlands is guarantor for €2.7bn of the €85bn loan package made by the European Union and International Monetary Fund to Ireland, finance minister Jan Kees de Jager confirmed on Tuesday.


The details are contained in the minister’s traditional autumn statement which updates MPs on the state of the nation’s finances.
The statement shows that the budget deficit is set to reach 5.8% of GDP this year, as forecast in the September budget, and that government spending targets are still being met.

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