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Legal Update

Summary of Government Interventions in Financial Markets - Ireland

September 2009
Mayer Brown Legal Update
The Irish economy has been one of the worst-hit Eurozone economies due to the high exposure of the banking sector to the property market and the boom associated with that over recent history. To counter this, the Irish government has put in place a major state guarantee scheme and a recapitalisation package to ensure that the financial system in Ireland continuously meets the financial needs of individuals, business and the overall economy.

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