Ireland revives ‘haircut’ demand

Author (Person)
Series Title
Series Details 16.6.11
Publication Date 16/06/2011
Content Type

The Irish government revived a demand in June 2011 that some senior bondholders be required to take losses to lessen the cost of Ireland’s bank rescue. Michael Noonan, Irish Finance Minister, said on the 15 June 2011 that Dublin had raised the issue 'at the very highest level' in talks with the International Monetary Fund.

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ESO: Background information: ECB helped fuel Irish bubble, says ex-PM http://www.europeansources.info/record/ecb-helped-fuel-irish-bubble-says-ex-pm/

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