“The possibility in succeeding in getting alleviation on that side is good,” Dukes told Dublin-based broadcaster RTE today. “I have seen the result of action that has been taken up to now, I hear the political signals that are coming out, I think progress will be made on that.”
Ireland wants to refinance about 30 billion ($39.6 billion) of promissory notes it used to rescue Anglo Irish Bank Corp., on better terms and over a longer period. Anglo Irish was nationalized in 2009. In late 2010 Ireland accepted an 85 billion euro aid package as the cost of bailing out its banks became too much for the country to cope with.
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