Noonan likely to discuss banking debt burden in IMF talks today
Reducing Ireland's banking debt burden is likely to be discussed when Finance Minister Michael Noonan meets representatives of the International Monetary Fund in Dublin today.
It is hoped that a firm proposal on how to make the country's debt burden more sustainable can be put forward ahead of December's budget.
Last night, Mr Noonan discussed the issue with the president of the European Central Bank Mario Draghi.
Speaking afterwards, Mr Noonan said their meeting was part of an evolving dicussion on the issue of bank resolution legislation.
He said their discussion on burning senior bondholders was "inconclusive".
