Govt charges banks €1bn

The Government is to recoup €1bn from eleven banks protected under a two-year State guarantee scheme.

Govt charges banks €1bn
Wed, 15 Oct, 2008 - 20:12

The Government is to recoup €1bn from eleven banks protected under a two-year State guarantee scheme.

Up to two executives approved by the Finance Minister Brian Lenihan will also be placed on the boards of the financial institutions.

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