Enda Kenny (Mayo, Fine Gael) | Oireachtas source

The intent of the Government is to achieve agreement on a re-engineering of the promissory note relating to the former Anglo Irish Bank. It could be regarded as the replacement of a bank overdraft with a very long-term mortgage. That is the context for the discussions between the Minister for Finance and his officials and the European Central Bank with a view to arriving at a situation where we would not have to pay €3 billion in March 2013. We said before-----

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