Collins -v- The Minister for Finance & Ors
This post was written by Seamus Coffey
UPDATE. The following is probably also relevant here:
Bond Repayments: Motion [Private Members]
“That Dáil Éireann:
calls on the Government:
— to immediately lobby the European Central Bank for a one-off exemption from the rules of monetary financing, to allow the Central Bank of Ireland to destroy the €25 billion in sovereign bonds issued in February of this year, in lieu of the remaining promissory notes, plus the €3.06 billion bond also being held by the Central Bank of Ireland in payment for the 2012 promissory note; and
— to cease any and all interest payments currently being made on those bonds.”
- The first part of the debate on this motion is available here.
- UPDATE 2: The final part of the debate on the above motion is now available here.