Bruton: Ireland to honour sovereign debt

FORMER Taoiseach John Bruton recently appointed chairman of IFSC Ireland, told delegates at the IBEC Back to Business conference that Ireland would honour its sovereign debt.

“There are countries in Africa who are repaying their debts on time,” he said. “We will repay all out debts on time and those who are gambling today on the possibility that we won’t are going to lose a lot of money.

“We have a lot going for us; and we should not underestimate the fact that our political system is playing its part.”