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Ireland hopes for 'substantial loan'

Dublin - The head of Ireland's Central Bank said on Thursday the country could receive a "very substantial loan" that could run into "tens of billions" of euros as part of an EU/IMF bailout.

With a team of international financial experts arriving in Dublin on Thursday, Patrick Honohan said it was his "expectation" that a "very substantial loan, tens of billions" would be made to prop up Ireland's crisis-hit economy.

"It's not my call. It's the government at the end. It's my expectation that that is what is likely to happen," he told state broadcaster RTE Radio.

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