Friday September 18, 2020

Ireland could miss October bank debt target

The government will probably fail in its bid to secure an accord to reduce its legacy banking debt by the end of October, according to sources.

7th September, 2012
The Minister for Finance, Michael Noonan

The government will probably fail in its bid to secure an accord to reduce its legacy banking debt by the end of October, two people with direct knowledge of the talks said.

European Economic and Monetary Affairs Commissioner Olli Rehn said in July that concrete proposals on the Irish question would be presented to euro-area finance ministers in September before a final decision in October. The details are unlikely to be on the agenda when...

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