Government to shore up banks

A €10bn initiative to shore up Ireland’s banking sector was underway today.

Government to shore up banks
Mon, 15 Dec, 2008 - 07:02

A €10bn initiative to shore up Ireland’s banking sector was underway today.

The Government announced the plans to recapitalise financial institutions last night to help ensure “the long term sustainability” of the republic’s banks and other lenders.

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