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Should Ireland Have Guaranteed Savings?

By Admin1 ⋅ October 2, 2008 ⋅ One comment

I wonder why the Irish government felt the need to step out of line of other European banks in guaranteeing all savings held in its banks. The move now appears to have caused a drain on investor funds heading particularly from the UK to Ireland. Finance Minister Brian Lenihan indicated that all savings at Ireland’s [...]

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