Hayes: No deal on Irish debt before German general election

Junior Finance Minister Brian Hayes said today that a deal on Ireland's bank debt is unlikely before September.

Hayes: No deal on Irish debt before German general election

Junior Finance Minister Brian Hayes said today that a deal on Ireland's bank debt is unlikely before September.

The Coalition is hoping to use Europe's permanent bailout pot, the European Stability Mechanism, to recoup the billions of euro of taxpayers' money put into Bank of Ireland, AIB and Permanent TSB.

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