Friday September 18, 2020

Ireland has EU deal in principle, RTE reports

Ireland secured a deal in principle at last night's EU summit meeting that would allow a re-engineering of the debt burden, RTE News has reported.

29th June, 2012

Ireland secured a deal in principle at last night's EU summit meeting that would allow a re-engineering of the debt burden, RTE News has reported.

Eurozone leaders pledged to "examine the situation of the Irish financial sector with the view of further improving the sustainability of the well-performing adjustment programme."

Taoiseach Enda Kenny said the agreement overnight to allow the ESM to directly recapitalise banks meant that Ireland's overall debt burden could be re-engineered in...

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