Paying €3.1bn for Anglo note ‘difficult’ – Noonan
Any bets on what is going to happen in this situation. I have a bad feeling this is leading in the direction of Johnny Citizen.
Will we have a special tax to pay off this installment?
However Mr Noonan said he was “still confident of a positive outcome” to negotiations with the ECB.
He referred to the negotiations as “pussyfooting” and said Ireland should be seeking a write-down of debt, not an extension of the term for paying it back.
Mr Doherty also asked for details of whether the ECB had rejected a proposal, if an alternative proposal would be ready for the next meeting of the ECB board; and what the Government would regard as a satisfactory outcome.
Mr Noonan said it would not be helpful to go into detail, and accused Sinn Féin of positioning itself to reject whatever deal was agreed.
He reiterated his expectation of a deal on the note in the coming weeks and said it was his belief that the Government will get a satisfactory arrangement by the 31 March deadline.
Posted on January 31, 2013, in buisiness, EU, Government, IMF/ECB, International affairs, Ireland, politics, Wealth and tagged Banks, Dáil Éireann, ECB, Government, Ireland, Irish, Irish Government, Irish News, Michael Noonan, Minister for Finance (Ireland), Pearse Doherty, Sinn Fein. Bookmark the permalink. Leave a comment.