THE MAJORITY OF PEOPLE questioned for a Sunday Independent/Quantum Research poll say that they want Ireland to default on its debt.
A 57% majority of the 500 people polled nationally said they would favour default, while the remainder said they opposed it.
The European delegation which is currently negotiating a joint EU/IMF financial assistance package for Ireland were much less interested in the idea of defaulting.
A government source told the paper that the Irish negotiators of the EU/IMF bailout deal brought up the possibility of default last week and the Europeans “went completely mad”.
In the New York Times last week, former IMF chief economist Simon Johnson said that “Ireland’s European partners” do not want to see Ireland restructuring its subordinated debt because it would “expose the really bad decisions made by pan-European banks and their regulators over the last decade and create potential fiscal risks in other euro-zone countries”.
EU finance ministers are reportedly pushing to complete Ireland’s €85bn bailout deal before the markets reopen tomorrow, the BBC reports.
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