So i here Rabbitte on the week in politics programme that the gov. will not be paying the PN next March.
Now, we have been here before, the fiscal treaty was supposedly only palitable only if we got a bank debt deal.
Then there was the June statement heralded by Gilmore and Kenny as some sort of "monumental achievement"
Then we were told that we would have a deal by October.
Then Noonan said a deal before the budget would be helpful.
Now today we have Rabbitte stating the above. but as with all this spoofery here is Rabbittes get out clause
Govt do not intend to pay promissory note in March - RTÉ NewsHe said the European Central Bank was a difficult institution to "bring around" to stamping the deal Ireland needs on the promissory note.
But Minister Rabbitte said he believes it will happen before the payment is due next March.