Bloomberg News

Creighton Confident Anglo Irish Notes’ Talks to Bear Results

March 03, 2012

Irish European Affairs Minister Lucinda Creighton said she’s “quite confident” that talks with Ireland’s bailout partners to ease the burden of rescuing the former Anglo Irish Bank Corp. will “bear fruit.”

Creighton was speaking on Dublin-based broadcaster RTE today. The Irish government is negotiating with European authorities to re-engineer about 30 billion euros in promissory notes used by the state to bail out the bank, renamed the Irish Bank Resolution Corp. last year.

To contact the reporter on this story: Finbarr Flynn in Dublin at fflynn@bloomberg.net

To contact the editor responsible for this story: C. Thompson at cthompson1@bloomberg.net


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