Noonan ‘won’t take much notice’ of debt statement
Their statement — that only debt incurred in the future should be eligible for cheap loans from the ESM, Europe’s permanent rescue fund — was dismissed by Mr Noonan as the “bits and bobs” involved in negotiations at EU level.
He made the comments when he went off-script during a speech to the Construction Industry Federation at its annual conference in Dublin’s Aviva stadium.
