Broken promises and a discredited government
So now we know for certain: the government is not seeking a fairer sharing of the cost of fixing Ireland's broken banks.
So now we know for certain: the government is not seeking a fairer sharing of the cost of fixing Ireland's broken banks and is not seeking to require senior bondholders of Anglo Irish Bank and Irish Nationwide to share the cost of recapitalising these troubled financial institutions.
The government is satisfied merely to seek a reduction in the interest payments - or to seek a deferral of instalments on the massive bank debt inflicted on...
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