herald

Saturday 22 September 2018

Noonan vows to repay

FINANCE Minister Michael Noonan reassured taxpayers that the "last red cent" of debt owed by the Government and the two "pillar banks" will be repaid.

He said he would seek to discuss Anglo Irish Bank's senior debt with the European Central Bank in 'late autumn'. The Government has said it will not impose losses on the senior bondholders of the so-called pillar banks, AIB/EBS and Bank of Ireland.

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