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Fri 02 Feb 2011Fine Gael and Labour rule out any immediate bank recapitalisation
THE LEADERS of the two main Opposition parties have ruled out any immediate recapitalisation of the banks if they are elected to form the next government.
The new government should postpone any further bank bailouts until April, when the Central Bank’s stress-testing of the lenders is complete, said Fine Gael finance spokesman Michael Noonan.
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