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Europe Daily Bulletin No. 10783

12 February 2013
ECONOMY - FINANCE - BUSINESS / (ae) finance
Noonan says bank debt and goverment debt must be separated

Brussels, 11/02/2013 (Agence Europe) - On Monday 11 February, the Eurogroup continued discussions about direct bank recapitalisation by the European Stability Mechanism (see EUROPE 10781).

Irish Finance Minister Michael Noonan, whose government has successfully negotiated a restructuring of some of the debt contracted to bail out its banks (see EUROPE 10782), said that the June 2012 European Summit's decision about separating off government debt and bank debt had to be put into practice....

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