Irish Bank Rescue: Anglo Irish cost to rise to at least €29.3bn; AIB requires €3bn in additional capital; Irish Nationwide to receive €2.7bn; Ireland’s Debt/GDP ratio to rise to 98.6% in 2010
Sep 30th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Irish Bank Rescue: The Government announced this morning a final estimate for the cost of the Anglo Irish Bank bailout of at least €29.3bn; AIB will require an additional €3bn in funding and Irish Nationwide will receive an additional €2.7bn . Ireland’s General Government Debt to GDP (gross domestic product) will rise to to 98.6% this year.