Govt 'in talks to defer €31bn in Anglo loans'

The Government is reported to be in talks to defer the payment of €31bn in Anglo loans for a decade.

Govt 'in talks to defer €31bn in Anglo loans'
Sun, 29 Jan, 2012 - 12:04

The Government is reported to be in talks to defer the payment of €31bn in Anglo loans for a decade.

The move would postpone the annual payment of €3.1bn in promissory notes to the European Central Bank, which had been borrowed to finance the wind-down of the former Anglo Irish Bank.

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