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Dublin: 6 °C Wednesday 13 November, 2019
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Poll: Will the government get a deal on promissory notes?

There have been disputes in cabinet over who gets to say what – but at the end of day, will we get a deal?

Relations between Pat Rabbitte (back, left) and Michael Noonan (front, right) were reportedly strained at last week's cabinet meeting.
Relations between Pat Rabbitte (back, left) and Michael Noonan (front, right) were reportedly strained at last week's cabinet meeting.
Image: Leon Farrell/Photocall Ireland

TODAY’S SUNDAY INDEPENDENT describes a “furious row” that broke out at last week’s Cabinet meeting between two senior ministers over the discussion on Ireland’s promissory notes.

It describes discussions between Michael Noonan and Pat Rabbitte – who last Sunday said Ireland would not make its next €3.06 billion repayment – with Noonan reportedly telling Rabbitte that the promissory note discussions were none of his business.

The report illustrates the tensions within government about securing a deal with the ECB to restructure the notes, changing the current system which will see Ireland pay a total of about €48 billion over the next two decades as a hangover from emergency loans to Anglo Irish Bank.

Talks have been ongoing for over a year now, so this morning we ask: Do you think the government will secure a deal with the ECB to restructure Ireland’s promissory notes?


Poll Results:

No (1059)
I don't know (784)
Yes (261)



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About the author:

Gavan Reilly

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