Bloomberg News

ECB’s Masuch Says Irish Bank Deleveraging Has ‘Positive Signs’

October 20, 2011

Oct. 20 (Bloomberg) -- The European Central Bank’s Klaus Masuch said today that the deleveraging of Ireland’s banking system is showing “positive signs.”

Masuch, speaking in Dublin to reporters, said the Frankfurt-based bank can continue to provide Irish lenders with liquidity.

To contact the reporter on this story: Joe Brennan in Dublin at jbrennan29@bloomberg.net

To contact the editor responsible for this story: Finbarr Flynn at fflynn3@bloomberg.net


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