Ireland 'could ask' euro partners to take stake in AIB

Ireland may ask its European partners to take a stake in Allied Irish Banks to help take on the burden of supporting the country's struggling banking sector, Finance Minister Michael Noonan said last night.

5 November 2011, 12:00am

Dublin is reportedly in talks with European partners to cut the cost of financing the country's bank bailout, which has seen nearly €63 billion in state funds poured into five lenders.

"If they wanted to help they could take equity in AIB for example," Noonan told journalists in Dublin after releasing a four-year fiscal plan.

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Never mind,it doesn't matter poor poor politicians everyone makes mistakes, the European taxpayer will pick up the bill. THANKS.

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Greece is in a cesspit ** Italy is sliding down another cesspit. ** Ireland is going to follow to be followed by Spain, Portugal....... ** What a nice bankrupt EU Maltese people were hoodwinked to join!!!!!!!!