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Promissory Note Negotiations

Dáil Éireann Debate, Thursday - 17 January 2013

Thursday, 17 January 2013

Questions (28)

Mick Wallace

Question:

28. Deputy Mick Wallace asked the Minister for Finance his views on whether a deal on the Anglo Irish Bank promissory note can be achieved by 31 March 2013; and if he will make a statement on the matter. [1930/13]

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Written answers

As the Deputy is aware, the Irish Government has been working extremely hard to secure a deal on the Irish bank debt with our European partners and detailed work will continue to ensure that positive moves in Europe are harnessed to maximise the benefit to the Irish taxpayer. I have previously stated that I am working to try and achieve a solution to the IBRC Promissory Note issue before the next scheduled instalment on the Promissory Note at end March. It would be very difficult for Ireland to make a payment on that date and so we continue to work on a deal with our European partners to resolve this issue.

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