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  • strict warning: Declaration of views_handler_argument::init() should be compatible with views_handler::init(&$view, $options) in /home/asymptot/public_html/modules/views/handlers/views_handler_argument.inc on line 745.
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  • strict warning: Declaration of views_handler_filter_node_status::operator_form() should be compatible with views_handler_filter::operator_form(&$form, &$form_state) in /home/asymptot/public_html/modules/views/modules/node/views_handler_filter_node_status.inc on line 14.
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  • strict warning: Declaration of views_plugin_style_default::options() should be compatible with views_object::options() in /home/asymptot/public_html/modules/views/plugins/views_plugin_style_default.inc on line 25.
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  • strict warning: Non-static method view::load() should not be called statically in /home/asymptot/public_html/modules/views/views.module on line 879.

Ireland: Banks will not be able to challenge stress test findings

The Central Bank has resolved that Ireland’s banks will not be able to challenge the findings this week of crunch stress tests, an exercise which will clear the way for the fifth bank bailout since the 2008 guarantee.

The participating institutions – Bank of Ireland, Allied Irish Banks, Irish Life Permanent and the Educational Building Society – will not be able to seek any lower loan loss estimates in the tests or revised capital requirements.

The tests are expected to show a further capital hole at the lenders of between €18 billion and €23 billion. This could push State injections into the banks from €46 billion to between €64 billion and €69 billion.

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