Lenihan: Definitive cost of Anglo bailout will be worked out

FINANCE Minister Brian Lenihan has conceded that a more precise calculation on the cost of the Anglo Irish Bank rescue package will have to be worked out for once and for all to restore confidence among international investors.

“We have to bring closure to this matter in a matter of weeks,” he said.

Mr Lenihan was speaking after Anglo published its six months accounts which, as expected, showed it had lost €8.2 billion in the first half of this year.