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Canada Business News and Press Releases
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(CHARTPOPPERS.COM, March 25, 2011 ) Vancouver, BC - Irish Banks where the topic of discussion at a recent European Union summit on thursday. Irelands Prime Minister Enda Kennly look to ask for more time to tackle the country's banking problems as the European Central Bank is keen to start withdrawing the $165 billion that has been borrowed to the banks. Irelands banks are currently under a stress test which will be complete at the end of the month. The Irish government is hoping that they can off load some losses to the senior bondholders of Irish Banks, This could affect those invested with Allied Irish Banks ((NYSE:AIB)NYSE:AIB)and Bank of Ireland (NYSE:IRE) who currently...
..to view the full article on Allied Irish Banks (NYSE:AIB) go to http://chartpoppers.com/look-allied-irish-banks-nyseaib-irelands-banking-crisis-continues-7232
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