Private sector role vital to keep debt ‘off balance sheet’
The EU’s statistics agency has given a cautious thumbs-up to Nama and its loan acquisition vehicle
Despite all the noise generated over the National Asset Management Agency (Nama) over the past six months, it fell to Eurostat, the European Commission’s statistics agency, to shed new light on the detailed workings of the new bad bank last week.
It offered its opinion that Nama’s borrowings would not be included in the national debt, thus granting the government’s wish that Nama would be a so-called ‘‘off the balance sheet’’ vehicle. Eurostat...
Subscribe from just €1 for the first month!
With any subscription you will have access to
Unlimited multi-device access to our iPad, iPhone and Android Apps
Unlimited access to our eReader library
Exclusive daily insight and opinion seven days a week
Create alerts to never miss a subject that matters to you
Get access to exclusive offers for subscribers on gifts and experiences
Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine