Tag Archives: Anglo

Irish “deal”

Seeing the odd conflicting headline but it looks like a deal has been done along the lines of my previous post. Keep the champagne on ice this does not make the debt owed disappeared just eases the burden on the … Continue reading

Posted in Uncategorized | Tagged , , | Leave a comment

Ireland promissory note deal in pipeline

Plenty of talk and negotiations that a deal is going to get done tonight on Ireland’s promissory note. Currently financing this note costs EU3.2bln a year. Talk of liquidating Anglo and transferring its assets to NAMA, then replacing the note … Continue reading

Posted in Uncategorized | Tagged , , , | Leave a comment

Down but not out

Over the weekend reports came filtering in that the ECB had rejected a proposed deal from the Irish Government on the treatment of its promissory notes relating to the bailout of Anglo Irish bank.  As it stands Ireland has to cough up EU3.1 bln … Continue reading

Posted in Uncategorized | Tagged , , , | Leave a comment