FG: Cowen will have questions to answer on banking collapse

Fine Gael has said that the two reports into the financial crisis expected to be published later today will have implications for the political future of Taoiseach Brian Cowen.

The separate reports - by current Central Bank governor Patrick Honohan and by international experts Claus Regling and Max Watson - are expected to criticise the Government's budgetary policy when Mr Cowen was Finance Minister prior to the crash.