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Tue 12 Dec 2008Lenihan resisting demands to extend bank guarantee
BANK DEMANDS for an extension to the two-year State guarantee scheme are being resisted by the Government amid a marked slowdown in talks between Minister for Finance Brian Lenihan and the financial institutions on a recapitalisation of the banking system.
Although Mr Lenihan told the Morning Ireland programme on RTÉ radio last Wednesday that he planned to meet with bank chiefs yesterday, no meetings were held and no alternative date has been fixed for any further meetings.
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