Search results for ‘Irelandbailout’
2 items found
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Irish exposure forces Lloyds to write down loans
Exposure to Ireland’s crippled economy will force Lloyds Banking Group to write down more than £4bn of loans – a “not helpful, but not life-threatening” step, one analyst tells Channel 4 News.
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Ireland asks for bailout
Ireland finally asks Europe for a financial bailout, after weeks of speculation – but the strings which might be attached to the “momentous” deal are not yet clear, as Faisal Islam explains.