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Sunday 21 November 2010

The Irish crisis: advice for offshore savers - Telegraph


11:03 |

The Irish crisis: advice for offshore savers - Telegraph: "Ireland is poised to accept a loan from Europe of many billions of euros. But what about savers with money in Irish-owned banks? Are they in danger - or is the protection they have enough to stop them worrying about the safety of their money?
For expatriates, the Irish-owned banks have offered welcome competition for the UK-owned ones, often providing higher rates of interest.
But now savers need to decide whether they are happy to get the high rates on offer considering the worries over the financial state of the Emerald Isle."


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