Premier: Ireland to Present Manageable Anglo Irish Plan

Tuesday, 28 Sep 2010 08:59 AM

 

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Ireland will soon present a manageable plan to deal with Anglo Irish Bank and it will do all that is needed to build the confidence of investors, Prime Minister Brian Cowen said on Tuesday.

Asked if record high borrowing costs will mean Ireland will soon be shut out of markets and will need to access a euro zone rescue fund, Cowen said Ireland had already raised enough funds to see it through the middle of next year.

"We are determined to do what's necessary to achieve international confidence and build domestic confidence," Cowen told reporters.

© 2014 Thomson/Reuters. All rights reserved.

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