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Mon 12 Dec 2008Opposition unconvinced by bank-guarantee plan
There has been a mixed reaction to the Government’s announcement it is to invest up to €10 billion in the State's biggest banks and building societies.
In a statement last night, the Government said the requirement for public investment will be assessed on a case by case basis, having regard to the "systemic importance" of the institutions in question and the most effective and economical use of resources available to the State.
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