November 23, 2010 / 2:52 PM / 9 years ago

IMF says Ireland talks intense, moving ahead fast

NEW YORK, Nov 23 (Reuters) - Talks between Ireland and the International Monetary Fund are moving forward quickly but it’s up to the Irish government to make the necessary political decisions, the IMF’s First Deputy Managing Director John Lipsky said on Tuesday.

“Obviously our work there is technical, not political. Decisions have to be made by the government,” Lipsky told reporters in New York when asked about the impact on the negotiations of growing political instability in Ireland.

The European Union has urged Ireland to adopt an austerity budget on time in order to receive an EU/IMF bailout despite calls for an immediate general election that could disrupt the financial rescue plan. (Reporting by Walter Brandimarte; Editing by James Dalgleish)

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