Finance Minister says he’s hopeful for a deal on Anglo Promissory notes by Autumn
Finance Minister Michael Noonan says he’s hopeful for a deal on the Anglo Promissory notes by Autumn.
Governor of the Central Bank Patrick Honohan, yesterday met with the Governing Council of the European Central Bank, as the Government hope to delay a €3.1bn Anglo debt payment, which is due at the end of the month.
However speaking today, Minister Noonan said the Government is hopeful that a deal can be reached, on the entire 10-year, €31bn promissory note payment.
Minister Noonan says, the Irish Government hopes to get a deal, in the later half of the year, when timing is more advantageous.