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Irish taxpayers tell rescued banks that it's payback time

Recovering aid from lenders could help push debt back below euro region's average

Published Mon, Jan 19, 2015 · 09:50 PM

Dublin

FOR the Irish taxpayers who rescued banks after they sank the economy, it's payback time.

The government last week hired Goldman Sachs Group Inc to advise on how to recoup Allied Irish Banks plc's (AIB) 21 billion-euro (S$32 billion) bailout as part of a strategy that could help push Ireland's debt back below the euro region's average.

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International

International

Irish taxpayers tell rescued banks that it's payback time

International

Australian business strength is shocking even its biggest lender

South Korea’s factory activity shrinks in April, but optimism about outlook ticks up

US sanctions firms in China, UAE for support of Russia’s war

Japan suspects companies are evading disclosure of cross-shareholdings

Germany hit hard as foreign investment falls in Europe: EY survey

South Korea’s April inflation at 2.9% y/y, lower than expected

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