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Monday 19 February 2018

Ireland will not support debt relief for Greece - Taoiseach

Greece's Prime Minister Alexis Tsipras (L) is welcomed by European Commission President Jean-Claude Juncker (R) ahead of a meeting on Greece, at the European Commission in Brussels, on June 24, 2015, as eurozone finance ministers try to finalise a debt deal and avoid a default by Athens. Greek Prime Minister Alexis Tsipras is set to conduct yet another round of crisis talks with representatives of the country's creditors, ahead of a crucial meeting of eurozone finance ministers where all sides hope a solution can be found to save the country from bankruptcy. AFP PHOTO / POOL / JULIEN WARNANDJULIEN WARNAND/AFP/Getty Images
Greece's Prime Minister Alexis Tsipras (L) is welcomed by European Commission President Jean-Claude Juncker (R) ahead of a meeting on Greece, at the European Commission in Brussels, on June 24, 2015, as eurozone finance ministers try to finalise a debt deal and avoid a default by Athens. Greek Prime Minister Alexis Tsipras is set to conduct yet another round of crisis talks with representatives of the country's creditors, ahead of a crucial meeting of eurozone finance ministers where all sides hope a solution can be found to save the country from bankruptcy. AFP PHOTO / POOL / JULIEN WARNANDJULIEN WARNAND/AFP/Getty Images

Colm Kelpie in Brussels

Ireland will not support debt relief for Greece, Taoiseach Enda Kenny has said.

A Government spokesman later clarified that the Taoiseach meant that the Government would not support a debt write-down for Greece.

Finance Minister Michael Noonan has repeatedly said that while the Irish government would not back debt write-downs for the country, it would be prepared to accommodate it in other ways to make its debt more sustainable.

Ahead of a meeting of European leaders in Brussels, Mr Kenny said it will be difficult to conclude talks on a Greek debt deal today, saying he believed it would go into the weekend.

Eurozone finance ministers - including Michael Noonan - have been discussing a proposal today to secure a deal, but Greece has not backed it. The Eurogroup meeting ended this afternoon with no deal.

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