Govt hopeful of deal on delaying Anglo payment

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.

Govt hopeful of deal on delaying Anglo payment
Thu, 22 Mar, 2012 - 07:16

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.

Discussions have been ongoing in recent months to strike a deal with the Troika to restructure or reduce the debt, worth some €31bn in total.

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