EU/IMF to extend Ireland 85 bln euro facility -RTE

DUBLIN, Nov 23 (BestGrowthStock) – The EU and IMF will provide
Ireland with 85 billion euros, which can be used to recapitalise
Irish banks and fund public finances, Irish state broadcaster
RTE reported on Tuesday.

“The package would see the level of capital in the Irish
banks being increased from eight to 12 percent in a move to
bolster confidence of depositors in the financial system,” RTE
said in a report on its website.

EU/IMF to extend Ireland 85 bln euro facility -RTE