Saturday, February 19, 2011

Irish deposit sales cause ECB borrowing spike: source

The two troubled lenders, at the heart of Ireland's financial crisis, are selling deposits and corresponding assets as part of a wind-down of their operations under an EU/IMF bailout deal. To ensure a sale within the next week, they have had to ...


Read more at: http://www.reuters.com/article/2011/02/19/us-ecb-ireland-idUSTRE71I1QR20110219

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