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Doubts still on euro zone recapitalization for Irish banks: central bank

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DUBLIN (Reuters) – Moves to allow euro zone rescue funds such as the European Stability Mechanism to directly recapitalize a member nation’s banks are ‘encouraging’, but a big question mark remains over whether they will apply retrospectively to the likes of Ireland, the country’s central bank governor said on Sunday.

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Post Published: 10 February 2013
Found in section: Finance