The High Court has today begun hearing a challenge by New Beginning's founder David Hall to the legality of promissory notes.

Public Expenditure Minister Brendan Howlin has today refused to comment on the ECB president's declaration that there will not be a renegotiation of the Anglo promissory notes.

The Government has been accused of accountancy trickery in a bid to fool the public into believing a deal on old Anglo debts is good for the country.

The Governor of the Central Bank has said he is hopeful of a successful renegotiation of promissory notes payable to the former Anglo Irish Bank.

The High Court has refused to grant a temporary injunction that would have stopped a €3.1bn payment to the former Anglo Irish Bank.

Central Bank Governor Patrick Honohan is due to appear before the all-party Oireachtas Finance Committee today.

Two men from a group called 'People for Economic Justice', will represent themselves in opposition to the bad debts of Anglo Irish Bank at the High Court today.

Finance Minister Michael Noonan has said that he hopes for a deal to be struck by the autumn on the issue of the Anglo promissory notes.

Taoiseach Enda Kenny has said he is hopeful the European Central Bank (ECB) will agree to a deal to swap the Anglo Irish Bank promissory notes for a long-term Government bond.

The Government is hopeful of reaching a deal with the European Central Bank today to effectively delay the payment of over €3bn of bank debt to Anglo Irish Bank.

Central Bank Governor Patrick Honohan will 'probably' ask for permission tomorrow to effectively delay the payment of €3.1bn of Ireland's bank debt, it has been reported.

Finance Minister Michael Noonan says progress has been made on securing French support for a better deal on Ireland's banking debt.

Minister for European Affairs Lucinda Creighton has said that the attempt to get a better deal on Ireland's banking debt is not "dead in the water".

The Government suffered an embarrassing defeat in a Dáil committee vote last night despite the coalition's massive majority.