EU could adopt "carrot and stick" approach on referendum

Glas Securities, the Dublin-based fixed-income firm, said it wouldn’t rule out Europe offering some concessions to Ireland, as it prepares to hold a vote on the fiscal compact.

29th February, 2012
EU could adopt "carrot and stick" approach on referendum
Glas: “We would not rule out some form of ‘carrot and stick’ approach."

Glas Securities, the Dublin-based fixed-income firm, said it wouldn’t rule out Europe offering some concessions to Ireland, as it prepares to hold a vote on the fiscal compact.

“We would not rule out some form of ‘carrot and stick’ approach whereby some concessions are offered in relation to the Anglo/INBS Promissory Note or a solution is offered in relation to the transfer of ECB tracker mortgages and mortgages in arrears off Irish covered...

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