On this evening's Tonight with Vincent Browne, Stephen Donnelly, Siobhán Creaton, Peter Mathews and Averil Power will discuss the promissory note deal and today's meeting of the Oireachtas Committee on Finance, Public Expenditure and Reform. Below, Vincent shares his thoughts ahead of the programme.
Point two of Fine Gael’s five-point election plan stated the following:
The breaking news that there is an imminent deal on the payment of €3.1 billion due on 31 March on Anglo promissory notes, deferring payment until 2025, seems welcome but we need to see terms and conditions. First the interest rate that will apply, second, what does this mean for the remaining €29 billion promissory notes? Then, will this remain on the books in the calculation of the national debt, requiring us to reduce the dept to 60 per cent of GDP by 2015, which will retain an enormous strain on the public finances.
The Moorhen - Gallinula chloropus in its Latin nomenclature or "Cearc uisce" in Irish - is a bird with large feet and an even larger presence in Ireland and abroad. By Niall Hatch.
A common sight on ponds, canals, lakes and slow-flowing streams, the Moorhen is found throughout Ireland. It belongs to the rail and crake family, though unlike most members of that group, such as the now-scarce Corncrake, it is not a particularly shy or secretive bird, often coming out into the open and permitting close approach by humans.