Opinions differ on burning senior bondholders - Taoiseach

Taoiseach Enda Kenny said the issue of imposing losses on senior bondholders at troubled banks was discussed at a meeting of euro-area finance ministers.

17th July, 2012
An Taoiseach Enda Kenny.

Taoiseach Enda Kenny said the issue of imposing losses on senior bondholders at troubled banks was discussed at a meeting of euro-area finance ministers.

“The matter was discussed at the eurogroup meeting and there were differences of opinion, so that matter is still ongoing obviously,” he told reporters in Dublin, Bloomberg reported. “In the context of the outcome of the discussion of euro group, there were differences of opinion, and clearly the ECB are talking...

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