Tuesday, May 22, 2012

Handelsblatt says another bailout coming

Irish Banks Need Billions in Second Bailout

"Ireland’s banks may need a second bailout of between 2 billion euros ($2.6 billion) and 4 billion euros in the coming years, Handelsblatt reported, citing a study by Deutsche Bank AG analysts" (guess they will vote for all those nice Euro policies if they are getting another wedge?).

Posted by alan @ 08:31 PM (1766 views)
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4 thoughts on “Handelsblatt says another bailout coming

  • 2 billion euros. that is about £333 each. Or around 1/12 of the cost of the UK olympics this year.

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  • mark wadsworth says:

    If at first you don’t succeed, try, try again.

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  • This debt crisis is getting old now. I wonder when the next technological breakthrough will pull us out of it?

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