Written answers
Tuesday, 26 November 2013
Department of Finance
Bank Debt Restructuring
Finian McGrath (Dublin North Central, Independent)
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166. To ask the Minister for Finance if there are any immediate plans to break free from the illegitimate Anglo Irish Bank debt as it is not our debt. [50338/13]
Michael Noonan (Limerick City, Fine Gael)
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As the Deputy is aware, the Government reached a conclusion to its discussions with the European Central Bank in February that delivered on our commitment to put in place a fairer and more sustainable arrangement on the IBRC Promissory Notes. That transaction also saw the remnants of Anglo Irish Bank and Irish Nationwide removed from the financial and political landscape. The Government has no plans to make further changes in this area.
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