Irish Economy 2011: Politics and sovereign debt restructuring
Jan 18th, 2011 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Irish Economy 2011: NCB Stockbrokers says talk of restructuring Ireland’s debt has been a hot topic of late. The firm says it is worth pointing out that neither the Opposition nor the Government has called for Ireland to restructure its sovereign debt. The Opposition parties have stated that they would seek to renegotiate the EU/IMF deal and they will likely canvass on the back of a possible restructuring of senior bank debt in the upcoming election (likely to be in March).