Ireland's central bank governor is confident that the country will get a deal in the euro zone on easing the terms of its bank debt, it is just a question of what it looks like, he said on Sunday. Euro zone leaders agreed at their summit in June to look at improving Ireland's bank rescue package and EU Economic and Monetary Affairs Commissioner Olli Rehn set a deadline of October to reach a decision on the matter.
Irish central bank chief Patrick Honohan said on Friday that Ireland may miss next month's deadline for a decision on easing the terms of its costly bank bailout as there were "sequencing issues" to parts of the deal. He repeated his thoughts on the complexity of meeting the deadline on Sunday, but added he was confident a deal would be obtained.