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ESFS head Klaus Regling gets ready to wave goodbye to Portugal... AP Photo/Yves Logghe

Guess who's getting closer to the end of their bailout too?

Portugal received its penultimate tranche in rescue loans today.

THE EUROZONE HAS today approved the disbursement of €3.7 billion in rescue loans to Portugal, taking Lisbon’s bailout to its final stage, the EFSF said in a statement.

“After a couple of years of intense adjustment and tremendous efforts by its people, Portugal reaches now the decisive phase towards regaining market access,” said European Financial Stability Facility head Klaus Regling.

“This goal is within reach,” he underlined.

With a final €1.2 billion still to be disbursed, the EFSF said the €78-billion financial assistance programme for Portugal “will have been completed by the middle of 2014″.

The disbursement was approved five days after euro finance ministers announced that Ireland (€85 billion) and Spain (€41 billion) would exit their sovereign and banking bailouts in December and in January respectively, without any credit line.

- © AFP, 2013

5 reasons why the government decided to exit and go it alone>
‘This is the right decision for Ireland’: Taoiseach confirms exit without credit line>

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    Mute Janet Kenny
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    Jul 22nd 2019, 1:22 AM

    The whole thing is a joke, while waiting on home care packages these people are labeled as ‘bed blockers’ by the same people that are refusing to allocate the necessary hours.

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    Mute Tony Shaw
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    Jul 22nd 2019, 2:58 AM

    An absolute disgrace. The biggest contributor to the trolley situation for the past 15 years.
    Main issue is HSE management can’t be fired under the public service rules.
    They wouldn’t last a week in the private sector.

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    Mute Artugal
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    Jul 22nd 2019, 6:16 AM

    You apply, get approved and then nothing. No one assigned. Then you apply, get approved and then nothing. No one assigned. Then…

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    Mute Laura Crowe
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    Jul 22nd 2019, 10:40 AM

    @Artugal: same same…two years waiting…

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    Mute Thewestisbest
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    Jul 22nd 2019, 12:29 AM

    Just spend the damn money. Probably the best value we can get. Help the people who need it, free up hospital beds thereby freeing up accident & emergency rooms around the country. This has to be a no brainer surely?

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    Mute The Oracle
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    Jul 22nd 2019, 7:47 AM

    Every government this country has ever had, counting Cummann na nGaelheal as proto blueshirt, has been either Fine Gael or Fianna Fail. None of these governments have made decent efforts to find lasting solutions to our seemingly everlasting problems. Yet in a while, whenever Michael Martin plucks up the courage to pull the plug on Varadkar and the rest of his fascists, they will arrive at our door promising everything we could ever dream of. Lots will vote for one or other side of the mirror. Sure didn’t my granny know Collins or didn’t Dev get us the lectric. Any talk of voting for an alternative. Sure that crowd would ruin the country! We get the politicians that we deserve. Ironically, most older people will turn to one or other of these criminal gangs for help out of this mess.

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    Mute Motherofthree
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    Jul 22nd 2019, 7:44 AM

    What a disgrace. Hse is not fit for purpose. It needs to be completely striped down and restructured from the front line services back. There are examples all over the world, particularly in the Netherlands where cost could be considerably cut and improved at the same time.

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    Mute Ann Moynihan
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    Jul 22nd 2019, 9:59 AM

    I have Parkinsons for the past 10 years. It has taken me 5 years to get 14 hours per week assistance. HSE just don’t have the finance.

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