Ireland Seeks a Calm Exit from Its Bailout

Though Ireland will become the first eurozone member to complete its bailout program, the program's conclusion will create challenges for Dublin, which will have to rely on international financial markets for funding. For the rest of the year, Dublin will negotiate a precautionary credit line with the European Union in case it needs additional funds after the bailout ends in December. Brussels and Dublin will deliberate over the size of the credit line and the conditions attached to it, but ultimately the two sides are likely to reach an agreement. Because Portugal's bailout program ends less than a year after Ireland's, Lisbon will be watching Dublin's EU negotiations closely.