Protests are being made today about the payment by AIB of €1 billion to unsecured, unguaranteed bondholders. The argument is going along the same lines as has been the case for previous payments.
The protestors argue that it is "not our debt" while the government and the banks argue that not making the payments would hurt our international reputation and endanger support for the country from the EU and IMF and also funding support for...
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