Friday, March 25, 2011

ECB plans emergency €60bn scheme for Irish banks

THE EUROPEAN Central Bank (ECB) is working on an emergency plan to deepen its support for Ireland's ailing financial system with a new scheme to provide banks with more than €60 billion in medium-term “liquidity” loans. The initiative, which is being ...


Read more at: http://www.irishtimes.com/newspaper/frontpage/2011/0326/1224293138407.html

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