- Oct 26, 2006
Ireland elections no threat to bailout plan: EU — EU business news - EUbusiness.com(STRASBOURG) - An early general election in debt-ravaged Ireland does not pose any threat to its negotiations with the European Union and the IMF over a massive financial bailout, the bloc's economic affairs commissioner said here Monday.
"I don't see that it will threaten the EU-IMF programme or its negotiations," Olli Rehn told journalists on the sidelines of a hearing before a committee of the European Parliament in Strasbourg.
The elections "will take place... in January, and our negotiations will be concluded by the end of November."
We have approval from Europe for an election