Realistbear Posted March 11, 2011 Report Share Posted March 11, 2011 (edited) http://uk.finance.yahoo.com/news/Irish-banks-borrow-70-billion-reuters_molt-3409001979.html?x=0 . Irish banks borrow 70 billion euros from central bank 12:52, Friday 11 March 2011 DUBLIN (Reuters) - Ireland (Berlin: IIK.BE - news) 's central bank lent banks based in the country 70 billion euros (60.3 billion pounds) in special funding at the end of February, a jump of 19 billion euros from the previous month , data showed on Friday . What with Spain being re-rated and now more poisons hatching out of the Irish woodwork we could be on our way to a full blown Euro crisis. FX taking it calmly so far with the Euro barely moving vs. the $: 1.37693 Edited March 11, 2011 by Realistbear Quote Link to post Share on other sites
Realistbear Posted March 11, 2011 Author Report Share Posted March 11, 2011 Iam afraid Portugal doesn't look much better: http://uk.finance.yahoo.com/news/Factbox-Portugal-additional-reuters_molt-2461222839.html?x=0 13:28, Friday 11 March 2011 BANGALORE ( Reuters ) - Portugal announced additional spending cuts and reforms on Friday to cut its fiscal deficit in an attempt to stave off intense pressure to seek a bailout. Quote Link to post Share on other sites
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