CORRECTED-Irish cabinet meets on bailout exit, expected to make clean break

Thu Nov 14, 2013 6:11am EST

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(Corrects headline)

DUBLIN Nov 14 (Reuters) - Ireland's cabinet was meeting on Thursday to discuss its exit from an EU/IMF bailout and is expected to announce shortly that it will not opt to take a precautionary credit line, sources told Reuters.

Irish Finance Minister Michael Noonan is briefing cabinet before departing for a meeting of euro zone finance ministers in Brussels and Prime Minister Enda Kenny will address parliament before lunchtime, a government source said.

A second source added that Kenny is expected to announce that Ireland will make a clean exit from the programme.

(Reporting by Padraic Halpin Editing by Jeremy Gaunt)

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