Tag Archives: National Coalition Party

Finland To Support Portugal Bail Out In Exchange For Collateralization, Asset Sales

I believe we are in the first stages of an outright run on the Irish banks as they have been experiencing massive outflows of deposits and I further believe, the citizens of Ireland have every right to fear a direct grab by the government of their deposits in what’s left of the toxic banks As the current exposure of 150,000,000,000 Euros by the ECB is based on the deposits held by these banks and the government are committed to ensuring that they hold on to these deposit levels. Continue reading

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