- Allied Irish alone needs to raise EUR 13.3 bln in extra capital
- Bank of Ireland EUR 5.2 bln
- EBS needs EUR 1.5 bln
- Irish Life and Permanent needs EUR 4 bln
Ireland has EUR 35 bln set aside from its bailout package (still to be renegotiated), so they look to be okay from that perspective. Irish analysts had expected the capital short fall to be approximately EUR 20 bln…
There will be an announcement in Parliament from the finance minister on how they intend to deal with the shortfall in the next few minutes.
EUR/USD holding in the 1.4180s.
