Kenny: Pledge to separate bank and sovereign debt irreversible

Taoiseach Enda Kenny has said there will be no going back on a pledge by European leaders to separate banking and sovereign debt for bailed out countries.

Kenny: Pledge to separate bank and sovereign debt irreversible

He also dismissed claims that last week’s statement by three EU finance ministers about future debt deals was disturbing.

German, Finish and Dutch ministers signalled that the EU’s bailout fund would not address historic debt and, therefore, would not help separate sovereign and banking debt.

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