Markets news on stocks, currencies and oil; The Minister for Finance, Brian Lenihan, confirmed today that the Irish Government has given an additional €2bn is being made available to the hemorrhaging Anglo Irish Bank to support the capital position of the bank. Meanwhile, the former State telco Eircom today confirmed plans to raise prices.
Related posts:
- Markets News Monday: Shares rise in Europe; Markets in UK and US closed for public holidays; Eurozone austerity measures to have neutral impact overall
- Markets News Afternoon: Bundesbank’s Weber to meet Merkel on ECB presidency; US initial weekly jobless benefit claims fall; Eircom raises prices
- Markets News Wednesday: UK GDP contracted in Q3 2009 less than previously estimated; Eircom quarterly revenue dips 9%
- European Commission gives temporary approval for Irish Government to inject funds in Anglo Irish Bank and Irish Nationwide; Restructuring plans have to be submitted by June
- State aid to Anglo Irish Bank set to exceed €24bn; Bank support pushed Irish budget deficit to 36.51% of GDP in Q1 2010