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Economy
In reply to the discussion: STOCK MARKET WATCH -- Friday, 18 January 2013 [View all]xchrom
(108,903 posts)18. Merkel ally boosts Irish debt campaign
http://www.irishtimes.com/newspaper/finance/2013/0118/1224328998665.html
Irelands campaign to ease its debt burden received a boost last night when an ally of German chancellor Angela Merkel said it could make sense to extend the repayment period of the Anglo Irish Bank/Irish Nationwide promissory notes.
Norbert Barthle, budgetary spokesman for Germanys ruling Christian Democrats (CDU), indicated Berlin would have no issue if such a deal was agreed between the Government and the European Central Bank (ECB).
I would see no negative consequences if the repayments were extended to ease the burden on Ireland, Mr Barthle told The Irish Times. As far as the repayment period is concerned, an extension could make sense.
Until now, Berlin has always avoided commenting on negotiations on the 30.6 billion promissory note, an IOU issued in 2010 to wind up Anglo Irish Bank and Irish Nationwide.
Irelands campaign to ease its debt burden received a boost last night when an ally of German chancellor Angela Merkel said it could make sense to extend the repayment period of the Anglo Irish Bank/Irish Nationwide promissory notes.
Norbert Barthle, budgetary spokesman for Germanys ruling Christian Democrats (CDU), indicated Berlin would have no issue if such a deal was agreed between the Government and the European Central Bank (ECB).
I would see no negative consequences if the repayments were extended to ease the burden on Ireland, Mr Barthle told The Irish Times. As far as the repayment period is concerned, an extension could make sense.
Until now, Berlin has always avoided commenting on negotiations on the 30.6 billion promissory note, an IOU issued in 2010 to wind up Anglo Irish Bank and Irish Nationwide.
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Japanese Stocks Had A Huge Day As Leaders Discussed One Of The Most Taboo Ideas In All Of Economics
xchrom
Jan 2013
#20
Well, now, ya don' wanna make 'em give up some bonus money to pay for their crimes.
tclambert
Jan 2013
#35
The only phone service that survived after the levee break in NOLA was landlines.
kickysnana
Jan 2013
#39