Wednesday October 28, 2020

ECB 'more eager' to move on Irish deal

Government negotiations on restructuring Ireland's debt are set to focus in the coming weeks on the promissory note used to bail out Anglo Irish Bank and Irish Nationwide.

15th September, 2012

Government negotiations on restructuring Ireland's debt are set to focus in the coming weeks on the promissory note used to bail out Anglo Irish Bank and Irish Nationwide. Minister for Finance, Michael Noonan, speaking after an EU finance ministers meetings yesterday said that the ECB was now "more eager to move forward" to do a deal with Ireland on the issue.

ECB agreement is vital to restructure the complex funding arrangement used to bail out...

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