Noonan: would like refinancing done in 2012

UPDATE: the Government would like the refinancing of the Anglo Irish Bank promissory note to be completed during 2012, Minister for Finance Michael Noonan has said.

15th March, 2012
Noonan: would like refinancing done in 2012
Michael Noonan:"we would like if it was finished in 2012"

The Government would like the refinancing of the Anglo Irish Bank promissory note to be completed during 2012, Minister for Finance Michael Noonan has said.

Such a refinancing would reduce the interest bill of some €17 billion that must be paid on the note, the Minister said, speaking while in Paris. He said the Government was seeking to negotiate with the European Central Bank, the European Commission and the International Monetary Fund to replace the promissory...

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