R
RuthNaz
Guest
Hi all,
I have been reading this forum with interest over the last few months. I have been trying to get my head around what is going on with deposits at the Irish banks at the moment. Can anyone answer the simple question ... Who has given the Central Bank in Ireland 44 billion to give to the Irish banks to cover the tidal wave of deposits leaving the Irish banks?
I understand how the ECB can print money but I don't understand where the Central Bank in Ireland have got 44 billion. Sorry if this is a silly question.
Thanks,
Ruth.
I have been reading this forum with interest over the last few months. I have been trying to get my head around what is going on with deposits at the Irish banks at the moment. Can anyone answer the simple question ... Who has given the Central Bank in Ireland 44 billion to give to the Irish banks to cover the tidal wave of deposits leaving the Irish banks?
I understand how the ECB can print money but I don't understand where the Central Bank in Ireland have got 44 billion. Sorry if this is a silly question.
Thanks,
Ruth.