Bloomberg News

Ireland ‘Pressing’ Ratings Agencies to Recognize Progress

October 06, 2011

Oct. 6 (Bloomberg) -- John Corrigan, chief executive officer of Ireland’s National Treasury Management Agency, said he’s pressing ratings agencies to recognize the progress the nation has made in dealing with its problems.

It would “nice” if the ratings agencies upgraded Ireland within 12 months, he told a parliamentary committee in Dublin today. He said Ireland would seek to re-enter long term debt markets before its aid program runs out, to avoid being held to “ransom” by investors.

To contact the editor responsible for this story: Dara Doyle at ddoyle1@bloomberg.net


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