A deal to rid Ireland of billions of euro in bank debt is in trouble this morning after fresh concerns were raised by the Germans, Dutch and Finns.
They’re rowing back on a key agreement made in June, which the Government hoped would see EU money pay for the bailout of Anglo Irish Bank.
After meeting in Helsinki yesterday the German, Dutch and Finnish finance ministers issued a joint statement saying that Europe’s bailout fund should only be used to deal with current difficulties, and would not apply to legacy assets.
