Bloomberg News

Ireland Shouldn’t Be Seen to Default on Debt, Kenny Says

January 24, 2012

Jan. 24 (Bloomberg) -- Irish Prime Minister Enda Kenny said “we are not going to have the name ‘Defaulter’ written on our foreheads” even as the Irish government seeks support from European authorities on lowering the cost of the country’s bank rescue bill.

“It’s very important that we make or colleagues in Europe aware of the huge burden that this country has had to face,” in bailing out the country’s banks before European bailout funds were set up, Kenny told lawmakers in parliament in Dublin today. “We will pay our way, we’ve never looked for a debt writedown,” Kenny said.

To contact the reporter on this story: Joe Brennan in Dublin at jbrennan29@bloomberg.net

To contact the editor responsible for this story: Finbarr Flynn at fflynn3@bloomberg.net


Ebola Rising
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus