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20.09.201005:30:00UTC+00Ireland Cbank Governor says Anglo Irish capital requirement not high as forecast

News

  • Ireland's Cbank Governor said that the cost of dealing with Anglo Irish Bank would not be as high as some commentators have forecast.
  • He said that it will be less than the numbers recently touted around.

Background

  • Recently, Standard & Poor's said the cost of bailing out Anglo Irish could hit 35 billion euros ($46 billion), triggering criticism among Irish officials.

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