Honohan upbeat over Anglo deal

The Government’s negotiations with the EU to secure funding to support the country’s €30bn bailout of Anglo Irish Bank are not difficult and the country should get a lot, according to Central Bank governor Patrick Honohan.

Mr Honohan said that time was on Ireland’s side and that the final outcome would come after the European Commission dealt with the problems of Spain.

On the This Week programme on RTÉ Radio One, Mr Honohan was asked if the negotiations were proving more difficult than expected. He replied : “Not at all, not at all.”