Question of burning the bondholders left vague

THE programme commits to renegotiating the EU-IMF bailout but is extremely vague on the prospect of making senior bondholders share in the bank losses.

In the section of the document focusing on the economy, the bailout is, unsurprisingly, the first issue.

Fine Gael and Labour say they “support the objectives” of the bailout, namely fixing the banks, achieving “fiscal stability” and returning the economy to growth.