Likely Irish promissory note deal could be derailed-fin min
DUBLIN Jan 17 (Reuters) - Ireland's finance minister reiterated on Thursday that Dublin was likely to agree with the European Central Bank on rescheduling part of its bank debt, but significant outstanding matters may still derail a deal.
Dublin has been negotiating with the ECB for over a year to ease the tough repayment terms on promissory notes, or IOUs, that it pumped mainly into the failed Anglo Irish Bank, and wants a deal agreed before the next payment falls due in March.
"I believe a deal is likely in advance of the March deadline," Michael Noonan told parliament. "A deal is not certain and a deal has not been concluded, there are significant outstanding matters that are of sufficient magnitude to still derail a deal."
- White House reverses, says Obama met uncle and lived with him during law school
- South Africa mourns Mandela, will bury him on December 15 |
- U.S. television, Twitter, alive with new version of 'Sound of Music'
- RPT-UPDATE 1-Ford leans on global Mustang to burnish overseas image
- Ford leans on global Mustang to burnish overseas image