Readers like you keep news free for everyone.
More than 5,000 readers have already pitched in to keep free access to The Journal.
For the price of one cup of coffee each week you can help keep paywalls away.
Readers like you keep news free for everyone.
More than 5,000 readers have already pitched in to keep free access to The Journal.
For the price of one cup of coffee each week you can help keep paywalls away.
TAOISEACH ENDA KENNY has said that discussions on a deal regarding Ireland’s legacy bank debt will be conducted by the Minister for Finance Michael Noonan throughout 2013.
Ahead of a meeting with German chancellor Angela Merkel in Berlin today, Kenny has said that today’s discussions will revolve around Ireland’s presidency of the EU, which begins on 1 January, and ‘The Gathering’ project.
In a video recorded for MerrionStreet.ie, Kenny notes the joint communique issued by Merkel and himself last month regarding Ireland’s ‘special’ status when it comes to dealing with its €64 billion in legacy bank debt.
But he said that the matter – concerning whether or not Ireland can access eurozone bailout funds to retroactively capitalise banks – will not be up for discussion today despite pressure from opposition parties for the matter to be dealt with more promptly in order to ease the debt burden.
Kenny said: “Our meeting today is not about making a decision on a deal for Irish bank debt. That matter will be discussed and negotiated by the Minister for Finance during the course of 2013.”
Watch the full message:
YouTube: MerrionStreetNews
To embed this post, copy the code below on your site