Crunch time for prom note talks, says Noonan

Talks between the government and its EU bailout partners on the terms of repayment of promissory notes are at a crunch stage, according to Finance Minister Michael Noonan.

31st January, 2013
Michael Noonan

Talks between the government and its EU bailout partners on the terms of repayment of promissory notes are at a crunch stage, according to Finance Minister Michael Noonan.

"We're at the point of crunch issues now," he said, in comments reported by Bloomberg News. He repeated that he hoped for a deal by the end of March and that the talks were proceeding "according to plan".

He also said that he would prefer if the...

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