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Dáil Éireann Debate, Tuesday - 11 July 2023

Tuesday, 11 July 2023

Questions (193)

Catherine Murphy

Question:

193. Deputy Catherine Murphy asked the Minister for Finance the number of bilateral loans Ireland has with other states in the EU and non-EU; the amount outstanding per loan; the original principal sum per loan; the interest rate per loan; and the number of loans settled in the past ten years to date. [33625/23]

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Written answers

Ireland has no bilateral loans with other states in the EU or outside EU.

In the past ten years, Ireland has repaid three bilateral loans. The Irish financial assistance programme, which ran from 2010 to 2013, included bilateral loans from Sweden of €0.6 billion, from Denmark €0.4 billion and, from the United Kingdom, €3.8 billion. On 20 December 2017, the NTMA completed the early repayment of the bilateral loans from Sweden and Denmark. In March 2021, the NTMA also completed the repayment of Ireland’s bilateral loan from the UK, in accordance with the agreed schedule.

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