Financial Regulator says further measures needed to address possibility of more losses in Irish banks; Moody’s may downgrade Irish debt
Nov 22nd, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The Financial Regulator Matthew Elderfield said today further measures are under consideration to address market concerns about the possibility of more losses in Irish banks. Meanwhile, Moody's credit rating agency today warned that it would most likely have to downgrade Irish sovereign debt.