Minister of State believes promissory note agreement is safe

Minister of State: Brian Hayes

The Minister of State at the Department of Finance, Brian Hayes has said he believes that Ireland's recent deal on the promissory note stands on safe grounds. 

Speaking on this afternoon's Week in Politics on RTE the Minister described reports that the deal could unravel as "fanciful".

Mr Hayes statement comes following recent newspaper reports that questioned the legality of the deal.

The Minister said that the agreement stands to benefit Ireland both now and in the long-term.

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