Clip of the European Central Bank's Klaus Masuch speaking at this morning's financial review press briefing. Michael Noonan, Minister for Finance, says certain conditions had to be met by Government. Brendan Howlin, Minister for Public Expenditure & Reform, says that the changes agreed today were a 'very important first step'. Clip of the International Monetary Fund's Ajai Chopra discussing Ireland's forecast for 2012. David McCullagh, Political Correspondent, Emma McNamara, RTÉ Business, Tony Foley, Economics lecturer, DCU, Brian Creegan, Director of taxation, Chartered Accountants Ireland, discuss todays development.
Brendan Howlin, Minister for Public Expenditure and Reform, tells Fran McNulty that the meeting with Ajai Chopra was a chance to discuss the bailout agreement. Sean Whelan, Economics Correspondent, reports that the issue of bank debt is becoming more critical.