Really?
Finance Minister Michael Noonan on Bloomberg Television’s ‘The Pulse’ earlier today.
It was all smiles until around 9.30, when he was asked about the Bundesbank’s president Jens Weidmann’s recent comments regarding the legality of the promissory note deal.
In a much more sombre exchange with news anchor Guy Johnson at 10.38.
Guy Johnson: “No rules were broken.”
Michael Noonan: “No rules were broken.”
Johnson: “Do you expect any challenge? Do you expect a legal challenge to emanate from German? Could there be a challenge? And how destabilising would that be?”
Noonan: “I don’t expect any legal challenge from any authority or any institution in Europe. Individuals frequently take cases, we have a string of them in the Irish courts always, but they don’t go very far.”
Yikes.
Previously: Not So Fast
There’s A Touch Of That About It
Watch his full interview here.
