Moody's analyst says chances of Irish default 'remote'

Moody’s Investors Service analyst Dietmar Hornung said the chance of Ireland defaulting on its debts are “remote.”

Moody’s Investors Service analyst Dietmar Hornung said the chance of Ireland defaulting on its debts are “remote.”

Speaking today in a telephone interview he said: “Our rating and outlook on Ireland remain appropriate. Ireland remains a creditworthy issuer.”