“He [Minister for Transport and Tourism, Leo Varadlar] said that the Troika told the Government that “we don’t want you to default on these payments, it is your decision ultimately but a bomb will go off; and the bomb will go off in Dublinand not in Frankfurt.”” RTE reporting Minister Varadkar’s comments 22nd January 2012 [...]
Archive for January 22nd, 2012
ECB says “a bomb will go off in Dublin” if Anglo bondholders are not paid, says Minister Varadkar
Posted in Banks, IMF, Irish economy, Politics on January 22, 2012 | 39 Comments »
Black Wednesday : the payment by Ireland of €1,250m to Anglo bondholders
Posted in Banks, IMF, Irish economy, Politics on January 22, 2012 | 12 Comments »
This coming Wednesday 25th January 2012 will see Ireland pay €1,250m to unsecured unguaranteed bondholders in what was Anglo Irish Bank Corporation. This entry provides the detail of what is happening. What: €1,250m of Anglo Irish Bank senior bonds, not covered by the September 2008 guarantee, not secured against Anglo assets. The bonds were originally [...]