Irish state broadcaster RTE says the rate on the bailout loan to Ireland is unlikely to be cut, citing senior euro zone sources.
There has been speculation in recent days that the rate on the Irish loan would be trimmed.
This is a good news/bad news scenario.
The good news is that the market prefers that the bailout terms not be tinkered with willy-nilly.
The bad news is that Ireland may struggle to repay the debt at its present interest rate.
