eu provisionally approves up to €535b bank of ireland
Last Updated : GMT 16:22:18
Arab Today, arab today
Arab Today, arab today

EU provisionally approves up to €5.35b Bank of Ireland

Arab Today, arab today

Arab Today, arab today EU provisionally approves up to €5.35b Bank of Ireland

Dublin - Tehran

The European Commission said Monday it has provisionally approved up to EUR5.35 billion in rescue aid for the recapitalization of Bank of Ireland PLC (IRE). \"\"This follows from the calculations of the Irish central bank, in March this year, of the capital needed to deleverage and meet higher than normal loan-to-deposit ratios to be able to resist stress situations,\"\" the commission said in a statement. \"\"The commission agrees that the measures are necessary to increase the bank\'s solvency ratios and maintain confidence in the Irish financial markets,\"\" it said in a statement. The Irish government will underwrite the issue of new rights by Bank of Ireland for up to EUR4.35 billion, while another EUR1 billion will be provided as contingent capital, the commission said. Polish central bank sees inflation below target in 2013 Poland’s economic growth will slow the next two years, pushing the inflation rate below the central bank’s 2.5 percent target in 2013, the Narodowy Bank Polski said. Gross domestic product will slow to 2.9 percent in 2013, the central bank projected in its July Inflation Report, down from its 3.1 percent forecast in March. Inflation will slow to 2.4 percent in 2013, compared with a previous forecast of 2.9 percent, according to the report. Price growth this year will be 4 percent, above the previous projection of 3.2 percent and data received after May 25 indicate the “increased possibility that inflation in the near-term horizon will be above the projection,” the bank said in the report. Europe needs options to cut Greek debt-service costs, Sweden’s Borg says The European Union needs to look for ways of reducing Greece’s debt servicing costs, Swedish Finance Minister Anders Borg said, suggesting a shift in focus as the bloc begins considering additional aid for the country. More than a year after the EU and the International Monetary Fund extended Greece 110 billion euros ($157 billion) in aid, they’re considering options for additional support as the country’s borrowing costs and indebtedness continue to grow. The yield on two-year Greek notes rose to a euro-era record of more than 30 percent last week. The nation’s debt burden will rise to 158 percent of GDP this year from 143 percent in 2010, according to EU forecasts.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

eu provisionally approves up to €535b bank of ireland eu provisionally approves up to €535b bank of ireland

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

eu provisionally approves up to €535b bank of ireland eu provisionally approves up to €535b bank of ireland

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today Prince's vision spurs new Cornwall village

GMT 03:12 2017 Saturday ,18 November

Prince's vision spurs new Cornwall village
Arab Today, arab today Keep kids busy at Thanksgiving gatherings

GMT 11:14 2017 Friday ,10 November

Keep kids busy at Thanksgiving gatherings
Arab Today, arab today Israel ready to cooperate with Saudi

GMT 06:31 2017 Friday ,17 November

Israel ready to cooperate with Saudi
Arab Today, arab today Airbnb raided by Japan

GMT 01:55 2017 Saturday ,18 November

Airbnb raided by Japan
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today May under Brexit pressure at EU reform summit

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Tesla unveils its all-electric semi truck

GMT 02:59 2017 Saturday ,18 November

Tesla unveils its all-electric semi truck
Arab Today, arab today Baidu speeds up AI progress

GMT 11:46 2017 Friday ,17 November

Baidu speeds up AI progress
Arab Today, arab today Hanan Metawe denies apology for “Major Treason”

GMT 12:22 2017 Thursday ,16 November

Hanan Metawe denies apology for “Major Treason”
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 08:06 2017 Wednesday ,15 November

Ayten Amer happy for “The Flood” success

GMT 11:15 2017 Thursday ,16 November

Angola oil boss sacked by father's protege

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 11:49 2017 Thursday ,17 August

Egyptian artist presents new collection of designs

GMT 06:13 2017 Friday ,17 November

Pope denounces healthcare inequality

GMT 05:18 2017 Thursday ,16 November

Boeing announces $27bn from flydubai

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday