Ireland Will 'Likely' Restructure Post-2013 Debt, Goodbody Says

July 29 (Bloomberg) -- Ireland will probably follow Greece and restructure its post-2013 debt as it won’t be able to fund itself at a sustainable interest rate following the end of its international rescue package, Goodbody Stockbrokers said today.“The Irish state is fully funded up to the end of 2013,but markets are unlikely to fund Ireland at sustainable interest rates when the program ends,” said Dermot O’Leary, an economist at Goodbody Stockbrokers in the note. “In our view, given there is no longer opposition to default at all costs at euro leaders’level, this makes a restructuring on post-2013 Irish debt likely as the end of the current IMF/EU program nears.”