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Old 09-30-2010, 11:40 AM
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Post Ireland warns of Anglo Irish rescue bill

Ireland’s central bank has warned that a potential rescue for troubled lender, Anglo Irish Bank, will cost up to €34.3 billion (£29 billion). The figure is much higher than last month’s estimation of between €22-€25 billion and the revised figure is the equivalent of Ireland’s annual taxation revenues. The central bank said that the nationalisation [...]

More: Ireland warns of Anglo Irish rescue bill
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