Delivering a deal on our bank-related debt

There has been an important shift of emphasis in the messages coming from the government in relation to the EU/IMF bailout.

14th July, 2012

There has been an important shift of emphasis in the messages coming from the government in relation to the EU/IMF bailout. The previous insistence - that everything was on track for Ireland to exit the programme on schedule - has been replaced by the more realistic acceptance that to re-enter the markets we will need a deal to re-engineer the part of our national debt related to the banking bailout.

This much is welcome,...

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