Labour questions cost of Anglo bailout

The Labour party has questioned why the Government has not aggressively negotiated with bondholders at Anglo Irish Bank to reduce the costs of the bailout.

Labour questions cost of Anglo bailout

The Labour party has questioned why the Government has not aggressively negotiated with bondholders at Anglo Irish Bank to reduce the costs of the bailout.

The Minister for Finance Brian Lenihan yesterday reiterated his stance that there was no option but to recapitalise the bank.

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