The European Tribune is a forum for thoughtful dialogue of European and international issues. You are invited to post comments and your own articles.
Please REGISTER to post.
There is no exposure of german banks to genuine irish banks. What happened is that Ireland was because of its no regulation and ultra low corporate taxes a welcome tax and regulatory haven for daughters of foreign banks. One was depfa, others were big SIVs of WEtsLB for example. The cost for these daughters is already borne by Germany. The exposure to genuine Irish banks, who ruined themselves in real estate, was always low and is after two years almost nonexistent.
This whole foreign banks would lose is just a xenophobic talking point to distract the Irish from the responsibility of their own banks and government.
by Frank Schnittger - Dec 2 2 comments
by Oui - Dec 10
by Oui - Dec 9 6 comments
by Frank Schnittger - Dec 3 2 comments
by gmoke - Nov 28
by Frank Schnittger - Nov 21 10 comments
by Oui - Dec 117 comments
by Oui - Dec 96 comments
by Oui - Dec 88 comments
by Oui - Dec 718 comments
by Oui - Dec 54 comments
by Frank Schnittger - Dec 32 comments
by Oui - Dec 214 comments
by Frank Schnittger - Dec 22 comments
by Oui - Dec 26 comments
by Oui - Dec 114 comments
by Oui - Dec 14 comments
by Oui - Nov 306 comments
by Oui - Nov 289 comments
by Oui - Nov 276 comments
by gmoke - Nov 26
by Oui - Nov 268 comments
by Oui - Nov 26
by Oui - Nov 2513 comments