Noonan vow on Irish bail-out rate cut

Report of a FT interview with Michael Noonan, Finance spokesman for the centre-right Fine Gael party and the man tipped to become Ireland’s next finance minister, January 2011.

He said that Dublin would seek to negotiate a cut in the interest it would pay on European Union bail-out funds and a reduction in the debts owed to senior bondholders by Irish banks should his party win the general election expected in February 2011.

ESO: Background information: Irish government falls as Greens pull out http://www.europeansources.info/record/irish-government-falls-as-greens-pull-out/

ESO: Background information: ECB raises fears over Irish rescue deal http://www.europeansources.info/record/ecb-raises-fears-over-irish-rescue-deal/

ESO: Background information: Irish minister to recommend bail-out http://www.europeansources.info/record/europe-signs-up-to-irish-rescue-eurozone-must-deal-with-two-urgent-questions/

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