The Government has repaid Denmark a 3 billion Danish crown (€400m) loan, extended under an EU/IMF bailout, four years ahead of schedule, the Danish ministry of finance said today.
The loan was part of a larger European Union and International Monetary Fund loan package delivered to Ireland in 2010 after the country was hit hard by a banking collapse in 2008.
It was due to be paid back between 2019 and 2021, but was repaid in full after the economy here recovered faster than expected.