Sunday July 12, 2020

Ireland ramps up bank deal bid

Tough talking lies ahead on Spanish bailout, while Ireland negotiates a new push on promissory notes, write Cliff Taylor and Niamh Connolly.

9th June, 2012

Ireland is to make a new push early next month to get troika backing for a revised deal on the promissory notes used to bail out Anglo Irish Bank and Irish Nationwide.

Ministers here are also closely monitoring talks now under way on the details of a Spanish bank bailout, in the hope that this can calm market pressures which are sweeping across the eurozone.

Talks to try to agree the terms of the bailout...

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