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Ireland 'could ask' euro partners to take stake in AIB
Ireland may ask its European partners to take a stake in Allied Irish Banks to help take on the burden of supporting the country's struggling banking sector, Finance Minister Michael Noonan said last night.
Dublin is reportedly in talks with European partners to cut the cost of financing the country's bank bailout, which has seen nearly €63 billion in state funds poured into five lenders.
"If they wanted to help they could take equity in AIB for example," Noonan told journalists in Dublin after releasing a four-year fiscal plan.
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Never mind,it doesn't matter poor poor politicians everyone makes mistakes, the European taxpayer will pick up the bill. THANKS.
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Greece is in a cesspit
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Italy is sliding down another cesspit.
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Ireland is going to follow to be followed by Spain, Portugal.......
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What a nice bankrupt EU Maltese people were hoodwinked to join!!!!!!!!
