Irish banks may not need extra capital after tests, says Moody’s

The ratings giant said that with growth accelerating, Ireland’s debt position will improve and debt-to-GDP ratio will fall back to 110pc this year. “The banking system is likely to need very little if any new financial support from the government after the results of the European Asset Quality Review are revealed at the end of … Continue reading Irish banks may not need extra capital after tests, says Moody’s