Irish minister makes fresh bondholder threat

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Simon Coveney, the Irish minister for agriculture, said on Sunday that senior bondholders in Irish lenders may have to share the burden of the financial crisis via imposed losses.

Coveney told state broadcaster RTÉ that the government wanted "a sustainable and comprehensive solution for Irish banking that involves recapitalisation but also involves an element of burden-sharing". Coveney added: "That is certainly the outcome that the government is looking for."

Under an EU-IMF bailout agreed late

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