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Tue 01 Jan 2010Cowen rules out inquiry into banking crisis in near future

TAOISEACH BRIAN Cowen has ruled out the holding of an inquiry into the banking crisis in the short term in the face of continued calls from Opposition parties for one to be established.

Mr Cowen yesterday reiterated his view that there was an onus on the Government to prioritise its work towards a stable banking system, rather than diverting resources into an investigation into how the largest financial institutions were brought to the brink of collapse.

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