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The ECB has lent more  then 110 Pound sterling to irish banks

I assume you mean Billions. In any case, the Guardian claimed the exposure of foreign banks was 5 times that, as late as March 2010. So foreign banks still have an exposure of 400 billion.

Keynesianism is intellectually hard, as evidenced by the inability of many trained economists to get it - Paul Krugman

by Migeru (migeru at eurotrib dot com) on Fri Feb 4th, 2011 at 09:30:46 AM EST
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