Lenihan: Ireland will profit from Greece bailout
The Finance Minister Brian Lenihan has said no additional borrowing will be required by Ireland to fund the bailout for Greece.
Mr Lenihan also said Ireland will make a profit on the €1.3bn to be loaned over the next three years.
He briefed the Cabinet this evening on the €110bn bailout agreed with Europe and the IMF.
Mr Lenihan said Ireland will not lose out on this in any way.
