Written answers
Tuesday, 12 February 2013
Department of Finance
Promissory Note Negotiations
Pearse Doherty (Donegal South West, Sinn Fein)
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To ask the Minister for Finance the person or persons responsible for ongoing negotiations with the Troika and particularly the European Central Bank in respect of the future of the promissory notes. [7204/13]
Michael Noonan (Limerick City, Fine Gael)
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As the Deputy is aware, this Government reached a conclusion to its discussions with the European Central Bank last week that delivered on our commitment to put in place a fairer and more sustainable arrangement on the IBRC Promissory Notes. Last week also saw the remnants of Anglo Irish Bank and Irish Nationwide removed from the financial and political landscape. Officials within my department, the NTMA and the Central Bank of Ireland have been involved in these negotiations on Ireland’s behalf. The Deputy will appreciate that it is not appropriate to disclose individual details of those involved in this work. I wish to reiterate what was said by An Taoiseach by thanking all the officials for bringing these discussions to a successful conclusion.
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