Ireland crisis ratchets up fears of further peripheral Eurozone woes

Contagion spreads: The Ireland effect

piggy-bank-mask
Investors fear spread of Ireland banking contagion

On November 28, the Republic of Ireland finalised a €85 billion IMF-European Union bailout package to once again prop up its ailing banks and keep the country afloat.

Up to €35 billion of the package will be used to support the financial system: €10 billion will be used for the immediate recapitalisation of banks (with the intention that banks will reach core tier one capital ratios of at least 12% by February 28, 2011), and the remaining €25 billion will be kept in reserve to be used on an ‘as

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here