McCreevy may seek cash from Irish central bank

- Central Banking staff
- 28 Jul 2003

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

The Central Bank of Ireland confirmed that its review of the adequacy of its reserves against guidelines set by the ECB will be completed over the next few months. The bank acknowledged in its 2002 annual report that any reserves that 'may be found to exceed the bank's requirements' could be released to the Exchequer.

Source: Irish Times

The Minister for Finance, Mr McCreevy, will learn in the autumn if he can ease budgetary pressures by tapping into Central Bank reserves worth €1.8 billion.

The

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to print this content. Please contact info@centralbanking.com to find out more.

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@centralbanking.com

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@centralbanking.com