• Not all details on Ireland package, such as interest rate levels, have been worked out????
  • Hopes resolution of Irish problem will calm the situation in euro zone

Blimey, I need to pay more attention. I thought the rates had been sorted.

  • Transition period of 5 years from 2013 until majority of new bonds will carry collective action clauses (CACs)
  • Smaller countries have problem of contagion