Wednesday 17 January 2018

Halcyon days of June now lost in mists of time

Boarding the Government jet at Brussels Zaventem Airport at lunchtime, Enda Kenny could afford to breathe a sigh of relief.

After three days of lobbying his EU counterparts in Bucharest and Brussels, Ireland's bank debt deal was still on the table.

The "seismic shift" agreed on June 29, whereby sovereign and bank debt would be separated, and Ireland's banking debt burden would be eased, wasn't rescinded.

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