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Dukes: we need €15bn more to save the banks
Anglo chief warns we face asking IMF for extra 40pc
Ireland will have to go to the IMF/EU for another €15bn -- on top of the €35bn already earmarked -- to save the banking system, the government-appointed chairman of Anglo Irish Bank warned last night.
In a bombshell revelation, Alan Dukes said we will need 40pc more, or €50bn, to properly clean up the banks.
The former finance minister also sensationally suggested €75bn would be needed to fund the existing NAMA operation and a so-called 'NAMA 2' to take more bad loans from the banks.
it seems to be gettin worse and worse and there's no way back
house prices will continue to fall ?
Anglo chief warns we face asking IMF for extra 40pc
Ireland will have to go to the IMF/EU for another €15bn -- on top of the €35bn already earmarked -- to save the banking system, the government-appointed chairman of Anglo Irish Bank warned last night.
In a bombshell revelation, Alan Dukes said we will need 40pc more, or €50bn, to properly clean up the banks.
The former finance minister also sensationally suggested €75bn would be needed to fund the existing NAMA operation and a so-called 'NAMA 2' to take more bad loans from the banks.
it seems to be gettin worse and worse and there's no way back
house prices will continue to fall ?
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As far as I can make out, estimates vary between € 265 BILLION and € 300 BILLION .
Whatever the figure is -it's rising. Have a nice day .  |