Irish show the way, but need more help, says FT

The influential Financial Times newspaper has backed Ireland's deal with the ECB on bank debt in its editorial comment today but said the country must reach more deals of this kind.

8th February, 2013

The influential Financial Times newspaper has backed Ireland's deal with the ECB on bank debt in its editorial comment today but said the country must reach more deals of this kind.

Europe must still make good its promise to separate bank and sovereign debt, it noted.

"That, added to this week’s deal, may throw open Ireland’s door to bond markets."

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