Banking crisis: Wild west image is hard to shake off

The Government’s efforts to repair our battered reputation abroad has been made much more difficult by the Anglo tapes, writes business correspondent John Walsh

THE Government must be mightily relieved that the Anglo tapes did not see the light of day before agreement was reached in February on the restructuring of the €28bn of promissory notes.

It was a hard-fought battle lasting more than two years, but the Government eventually got it over the line — thanks in no small part to the growing level of goodwill towards Ireland among fellow eurozone member states, most importantly Germany.