Friday August 7, 2020

Joining the dots

Nama is finally under way, but there are still some unknowns which have to be worked out

27th February, 2010

Ten months on from the first announcement of Nama, and with EU approval now in the bag - albeit with conditions - there is still one thing to understand about the whole project.

We still are not clear how it is all going to come together.

We don’t yet know the value of the loans to be transferred, the write-down that will be imposed on them or the rules with which banks will have to...

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