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Draghi "takes note" of Irish IBRC moves

Thursday, February 07 14:06:14

ECB chief Mario Draghi has just said that he "takes note" of last night's move by the Government to close down Anglo Irish rump IBRC but said nothing about a deal to ease the burden of the failed bank's promissory notes on Irish sovereign debt.

Speaking to reporters after the regular monthly meeting on ECB rates he said that the ECB governing council did not take a decision today but it "unanimously took note of the Irish operation".

"I will refer you to the Irish Government and Central Bank for details," he said when he was asked about reports of a deal.

He said it was designed by the Government and the Central Bank.

"I can only say today we took note of this."

He said nothing about a deal and refused to be drawn by reporters on negotiations with the Irish Central Bank or the Government.

By Joe Downes