DUBLIN Jan 27 Ireland has issues it needs to
change in proposals presented last week to the European Central
Bank (ECB) on rescheduling part of its bank debt, a government
minister said on Sunday.
The ECB rejected Ireland's preferred solution in protracted
talks over the cost of servicing money it borrowed to rescue a
failed bank, Reuters reported exclusively on Saturday, citing EU
sources familiar with the discussions.
"There are issue that need to be changed and issues that
need to be still agreed on," transport minister Leo Varadkar
told national broadcaster RTE, confirming that the proposals
were discussed by the ECB's governing council last week.
"There is agreement in a lot of areas, but there are a
number of issues outstanding and some of those issues are very
difficult ... We need to work on them but we are still very
hopeful of getting a resolution."