01st Oct 2008

Northern and Ulster banks could be included in Irish bail out

Also speaking at the Northern Ireland Economic Conference, Finance Junior Minister, Martin Mansergh TD said the legislation currently being debated by the Oireachtas will allow the Minister for Finance to add other banks to the scheme.

The Minister appeared to hint that this provision could be used in the future to include Northern and Ulster Bank.

Wonder if the Executive should get lobbying on this?

 

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