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Tue 03 Mar 2010Bank rescue plan 'decisive'
Minister for Finance Brian Lenihan has said the detailed rescue plan for the Irish banking system would be widely recognised as the moment the Government took “the final decisive steps to solve the problem.”
Mr Lenihan said the series of announcements on transfers of distressed loans to Nama, and on bank recapitalisation, showed that Ireland was “facing up to our problems and dealing with them. We have built up confidence internationally and we are now translating that confidence to sorting out the banking sector".
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