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January 23rd, 2012 
FAKE NEWS for the Zionist agenda
TheJournal.ie
23 Jan, 2012
THE EUROPEAN CENTRAL BANK has affirmed its stance on the Irish government’s repayment of unsecured bank bonds – arguing that failure to repay them will have major impacts on the “credibility” of the Irish financial sector.
A spokesman for the bank this evening told TheJournal.ie that the bank was not prepared to comment on the remarks of transport minister Leo Varadkar, who told yesterday’s Week in Politics that the ECB suggested “a bomb would go off” if bank debts were not repaid.
The spokesman was willing, however, to reaffirm the ECB’s position on the repayment of those debts – just two days before Ireland is due to repay €1.25 billion to holders of an unsecured bond issued by the former Anglo Irish Bank.
“We advise against ‘burning’ senior bank bondholders, as such decision could have significant spill-over effects as regards the credibility of, and confidence in, the Irish financial sector and Ireland,” the spokesman said.
Read more: ECB affirms: Investors won’t lend to you if you burn bondholders
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- Is the ECB Forcing Ireland to Protect German Investments?
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