DUBLIN, Nov 28 (Reuters) - The 85 billion euro EU/IMF bailout announced on Sunday will make it possible to put the Irish banking system on a secure footing, Irish Central Bank Governor Patrick Honohan said.
'It provides the necessary assurance to achieve a convincing and rapid reconfiguration and downsizing of the banks, putting the Irish banking system on a convincingly secure footing,' he said in a statement.
(Reporting from Dublin Newsroom) Keywords: IRELAND BANKS/SUPPORT (lorraine.turner@thomsonreuters.com; Reuters Messaging: lorraine.turner.thomsonreuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
'It provides the necessary assurance to achieve a convincing and rapid reconfiguration and downsizing of the banks, putting the Irish banking system on a convincingly secure footing,' he said in a statement.
(Reporting from Dublin Newsroom) Keywords: IRELAND BANKS/SUPPORT (lorraine.turner@thomsonreuters.com; Reuters Messaging: lorraine.turner.thomsonreuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.