Tag: 乐上海 杭州胭脂坊 论坛

Irish state to nationalise rest of its major banks

first_img IRELAND is set to nationalise the remainder of its stricken banking system, Irish Prime Minister Brian Cowen said yesterday. The plunge in share prices for Bank of Ireland and Allied Irish Banks this week could leave the state in majority control of Ireland’s three major lenders, with Anglo Irish Bank already having been nationalised. With the banks desperate for cash and with investors steering clear, it is likely to be left to the government to prevent them from collapsing with further cash injections.Since Monday, AIB has seen 28 per cent wiped off its value while Bank of Ireland stock has plunged 42 per cent. The banks are also now dependent on the European Central Bank for their survival, with the ECB supplying them with €130bn (£110) in October alone. Cowen’s comments come even as Irish central Bank governor Patrick Honohan said that the government stake in the banks was “for sale”. Meanwhile, Moody’s ratings agency warned that the Irish government was being too optimistic about economic growth and threatened a “multi-notch downgrade” as a result. S&P has also cut Ireland’s rating from A to AA-. whatsapp KCS-content Share whatsapp Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proofcenter_img Show Comments ▼ Wednesday 24 November 2010 9:04 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was The Dream Girl In The 90s, This Is Her NowMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesNoteabley25 Funny Notes Written By StrangersNoteableyWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”WanderoamHistorical GeniusHe Was The Smartest Man Who Ever Lived – But He Led A Miserable LifeHistorical GeniusZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Times Irish state to nationalise rest of its major banks Tags: NULLlast_img read more