Draghi comments expected around now on debt deal for Ireland

A deal has been done between the Government and the European Central Bank on the Anglo promissory notes.

Details of the deal are expected in the next few minutes from President of the European Central Bank Mario Draghi.

The agreement at the ECB's governing council in Frankfurt comes in the wake of the liquidation of the IBRC overnight.

A cabinet meeting has also been called so that Ministers can sign off on the deal.