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When Michael Noonan announced the end of the bank guarantee in February, he didn't say how much he'd miss the income it generated for the exchequer.

20th October, 2013
Michael Noonan, Minister for Finance

Noonan makes up for loss of bank guarantee fees

When the Minister for Finance, Michael Noonan, announced the end of the bank guarantee in February, he didn't say how much he'd miss the income it generated for the exchequer. By the time the guarantee was pulled in March, the government was backing €73 billion of bank liabilities - far less than the €440 billion of September 2008, but still a significant risk for taxpayers and...

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