The Irish government is on the brink of launching a multi-billion euro rescue plan for the country’s banks, including an injection of taxpayers’ money, the Irish Independent newspaper reported on Wednesday. A finance ministry spokesman declined to comment. “It is understood the government has now accepted that it will have to put public money into the banks,” the Irish Independent said. In another report, the Irish Times said the government was in discussions with a number of international investors, including several private equity firms, about injecting fresh capital into Irish banks following deep falls in their shares. More
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