| 08.09.2010 12:22 | |
| Irish govt meets on Anglo; banks, bonds deep in red | |
| By Carmel Crimmins DUBLIN, Sept 8 (Reuters) - Ireland's cabinet was nearing a decision on how to deal with troubled Anglo Irish Bank on Wednesday, officials said, after an extension of state support failed to soothe fears the lender could drive its economy deeper into crisis. Irish bond spreads stayed at euro lifetime peaks and shares in its top two banks dropped sharply amid continuing uncertainty over the final bill for bailing out Anglo, and the burden it will place on Irish public debt levels. Finance Minister Brian Lenihan is briefing colleagues at a cabinet meeting this morning on what should be done with the bank after two days of talks with European Commission officials. A junior minister said a final decision was in the offing but he gave no clarity on whether that would be on Wednesday. 'We are coming to endgame here,' Eamon O'Cuiv, the minister for social protection, told Newstalk Radio. Depending on what is agreed, a cabinet statement may be issued this afternoon, a source said. | |
Mittwoch, 8. September 2010
Irische Regierung berät über Pläne für Anglo Irish Bank
