Noonan tour aims to win support for bailout plan

Michael Noonan begins a two-day tour of Europe today in an attempt to win support for a plan to replace Ireland's Troika loans.

Noonan tour aims to win support for bailout plan

Michael Noonan begins a two-day tour of Europe today in an attempt to win support for a plan to replace Ireland's Troika loans.

The Finance Minister wants to repay Ireland's IMF loans early, by taking out new loans with lower interest rates.

Today Minister Noonan meets the European Commission, and tomorrow he will outline his plan to ECB president Mario Draghi.

The proposal cannot go ahead without European approval.

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