Noonan expresses hope on bank debt deal

The Minister for Finance, Michael Noonan, said he “would hope” that the government may still win a substantial deal on its legacy bank debt.

28th September, 2012
Minister for Finance, Michael Noonan

The Minister for Finance, Michael Noonan, said he “would hope” that the government may still win a substantial deal on its legacy bank debt, even after finance chiefs from Germany, the Netherlands and Finland indicated they wanted to exclude such debt from the euro-area bailout fund.

Speaking to reporters in Dublin, he said that the Dutch had clarified that they were referring to insolvent banks, and that the statement was more about positioning...

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