Ireland helped French by "taking one for the team" - Noonan

Finance minister Michael Noonan said that Ireland “took one for the team” rescuing its lenders and helping overseas investors, particularly French banks, that invested in its financial system.

8th January, 2013
“We want to pay everything in full,” said finance minister Michael Noonan.

Finance minister Michael Noonan said that Ireland “took one for the team” rescuing its lenders and helping overseas investors, particularly French banks, that invested in its financial system.

“We want to pay everything in full,” Noonan said, even as the government campaigns to restructure so-called promissory note used to bail out the former Anglo Irish Bank with longer-dated debt and lower interest rates.

Read the details of Ireland’s latest step in...

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