German Chancellor Angela Merkel and Irish Prime Minister Enda Kenny issued a joint statement on Sunday reaffirming that eurozone leaders would examine ways of improving Ireland's bank rescue, recognising that it is a "special case".
The comments were made in a joint statement and come after a weekend of confusion following remarks made by Ms Merkel that had appeared to torpedo Ireland's hopes to get the eurozone to finance the huge costs it incurred in saving formerly private banks.
Mr Kenny said in the statement that he had discussed with Ms Merkel the "special circumstances" of Ireland's debt crisis, the country's aim to emerge from its international bailout programme and its plans to regain full access to capital markets when the European Union and International Monetary Fund loans have disbursed the last of the bailout loans by the end of 2013. "They recognise in this context, that Ireland is a special case, and that the Eurogroup will take that into account", the statement said.
A bank debt deal would do much to help its efforts to regain permanent access to private capital markets when the European Union and International Monetary Fund disburse the last of their bailout loans in late 2013, the government has said in the past.
Joint communiqué
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