McGowan, Muge Adalet - Economics Department, Organisation de Coopération et … - 2011
banks. It will assist in reducing reliance on Eurosystem liquidity while minimising the squeeze on domestic credit. As … transferred to a government controlled “bad bank”, NAMA, and the associated heavy losses fully recognised by the banks. NAMA needs … draw a line under losses. Restructuring of the domestic banking system around two core pillar banks is underway but the …