PRODUCT PROFILE

Latest Dublin Prices

NAME
LATEST
CHANGE
Aer Lingus 1.37 0.02 more
BoI 0.31 0.01 more
CRH 17.04 0.61 more
Glanbia 11.17 0.14 more
Greencore 0.64 -0.02 more
Ind. News 0.12 0.01 more
Ryanair 7.34 0.26 more

 

EU agree E55m bank failure fund

Wednesday, May 21 15:27:51

European Union countries - except Sweden and the UK - today reached a final agreement on setting up a common E55 billion euro zone back-up fund to help shut down failing banks.

Europe wrapped up negotiations in late March on establishing a banking union, with the European Central Bank to take over as bank watchdog at the end of this year.

Under the agreement signed today, a back-up fund will be built up over eight years and reach a target level of at least 1 percent of banks' covered deposits.