BREAKING NEWS

Now Reading:

Fancy buying a bank ? Ireland's going for a song


economy

Fancy buying a bank ? Ireland's going for a song

Ireland’s central bank governor has hung a “for sale” sign on the country’s stricken banks. Patrick Honohan says that for many years he has been in favour anyway of small countries having foreign ownership of banks. Before any sale about 10 billion euros are expected to be injected as fresh capital into Allied Irish, Bank of Ireland, and the nationalised Anglo Irish, and billions more could be available.

Every story can be told in many ways: see the perspectives from Euronews journalists in our other language teams.

Next Article

economy

Inflation the next worry for US economy