Decision needed on a plan for banks

The government appears to be thinking about revising its plan to recapitalise the banks. This is welcome. It remains to be seen what emerges in the next couple of weeks, though further long delays are not an option.

31st January, 2009

The government appears to be thinking about revising its plan to recapitalise the banks. This is welcome. It remains to be seen what emerges in the next couple of weeks, though further long delays are not an option. Ireland is now one of the few countries in the world not to implement a recapitalisation plan, and we are putting our banking sector at risk if we do not address this soon.

There is no clear...

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