Friday October 30, 2020

Taoiseach insists bank-sovereign debt link must be broken

The government will urge the EU to press ahead with efforts to break links between banks and countries that contribute to the debt-crisis cycle, Taoiseach Enda Kenny said.

3rd October, 2012
Taoiseach Enda Kenny wants to wave goodbye to the link between bank and sovereign debt.

The government will urge the European Union to press ahead with efforts to break links between banks and countries that contribute to the debt-crisis cycle, Taoiseach Enda Kenny told reporters in Brussels today.

The Taoiseach is leading a delegation of cabinet in a visit to Brussels to hold discussions on Ireland’s upcoming EU presidency. The agenda of that six month presidency, which starts in January, will include efforts to build a euro-area bank supervisor and...

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