Ulster-Lad
Well-known member
- Joined
- Oct 26, 2006
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BUSINESS WORLD - Irish banks borrow E119bn from the ECBIrish based banks and other financial institutions raised their borrowings from the European Central Bank by 25pc in just under a month to a total of E119.1 billion, the Central Bank said today.
There you have it, we are definitely going the wrong way. Where will the money come from to repay this? 25% increase in borrowing in September.