New Irish Leader Enda Kenny Already Has Meetings Planned To Renegotiate Bailout

Enda Kenny

Photo: Wikipedia

Enda Kenny, head of the triumphant Fina Gael party in Friday’s Irish election, has yet to form a new coalition government.But he already has plans to meet with counterparts about renegotiating the bailout deal his predecessor — Fianna Fail’s Brian Cowen — reached with the EU and the IMF.

According to The Telegraph (via CR) will meet this Friday with other centre-right leaders in Helsinki, and will specifically hold conversations with Merkel and Sarkozy on the matter of the bailout.

Specifically, he will push for some kind of reduced interest rate, which is probably going to be necessary for the plan to work.

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at

Tagged In

ireland moneygame-us