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Home Page > News > Ireland will not pay $4billion promissory note due to Anglo bondholders next March

Ireland will not pay $4billion promissory note due to Anglo bondholders next March

Communications Minister Pat Rabbitte wants new deal with ECB

By
PATRICK COUNIHAN,
IrishCentral Staff Writer
Published Monday, December 10, 2012, 7:49 AM
Updated Monday, December 10, 2012, 9:56 AM

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WoundedKnee | Dec 11, 2012, 01:47 AM EST
Had they any backbone, which they don't, the Irish government would delete at least one billion from all payments to EU institutions. This would go to at least partially cover the costs of free education, housing, welfare benefits, child grants, prison places, translation services, hospital care etc. etc for Eastern European settlers in Ireland.

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seanofeic | Dec 10, 2012, 02:56 PM EST
High court challenge to this debt scheduled for jan 22nd. Article in sunday independent in reference to this. "Anglo bailout debt to be tested in court" None of it is our debt . None of it should be paid.

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Bocktherobber | Dec 10, 2012, 01:34 PM EST
The promissory note is not to bondholders. They've already been paid.

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Portia777 | Dec 10, 2012, 10:34 AM EST
It is only paper and has no value- only what people perceive as value. You cannot eat the IOU.

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