Irish Government guaranteeing liabilities of about €400 billion of 6 financial institutions; CSO says Irish credit institutions and moneymarket funds owed €818 billion overseas in June; National debt was €43 billion
Sep 30th, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The Irish Government confirmed today that it was guaranteeing liabilities of about €400 billion of six financial institutions. The CSO reported today that the liabilities – mostly loans – of monetary financial institutions (i.e. credit institutions and moneymarket funds) amounted to €818 billion in June and the national debt was €43 billion.