Van Rompuy: Ireland may burn senior bondholders

The President of the European Council Herman Van Rompuy has not ruled out the burning of bondholders at Anglo Irish Bank and Irish Nationwide.

Fri, 17 Jun, 2011 - 15:40

The President of the European Council Herman Van Rompuy has not ruled out the burning of bondholders at Anglo Irish Bank and Irish Nationwide.

The Government announced this week it wants to save the taxpayer money by getting the bondholders of €3.7bn to take discounts.

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