Thursday, March 31, 2011

Irish hope it is second time lucky for bail-out

The scale of the liabilities facing Ireland is clear from the ECB's 2010
accounts. With €146bn of outstanding liabilities to the central payments
system, the Central Bank of Ireland has borrowed 50pc more from the
intra-eurosystem than second-placed Portugal.


It is hoped that this latest round of tests prove more conclusive than the
last. One Irish central bank official said the results were expected to "draw
a line" under the problems of banks including Allied Irish Banks,

Read more ...

No comments:

Post a Comment