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Sat 02 Feb 2010Ireland 'very courageous' in bank crisis

IRELAND HAS taken “very courageous” steps to tackle its banking crisis, a senior board member of the European Central Bank (ECB)said yesterday.

Speaking after an event organised by the Institute of International and European Affairs in Dublin yesterday, Spanish economist Prof José Manuel González-Páramo said the National Asset Management Agency (Nama) would be approved by the European Central Bank “soon”.

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