As we pay €713m we don't owe, our EU 'leaders' live in jet-set style

The state yesterday dutifully handed over €713 million to unsecured Anglo Irish bondholders and will again stick its hands in our pockets and fork out a further €1.25 billion in January.

The Financial Times dubbed yesterday’s payment “a windfall profit for high risk investors” and said the bonds had been trading as low as 52c in the euro earlier this year.

So, it’s safe to assume that someone, somewhere is today toasting the government and its dogged determination to beggar the nation by paying debts it doesn’t owe.