Ireland May Need Second Bailout
May 19th, 2012Via: Bloomberg:
Ireland may be forced into a second bailout by mounting loan losses in its banking system, according to Deutsche Bank AG.
Ireland’s bailed-out banks may need capital to cover as much as 4 billion euros ($5.1 billion) more bad-loan provisions than assumed in stress tests last year, Deutsche Bank analysts David Lock and Jason Napier said in a report published today.
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