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Tag Archives: Dáil

The estimated cost of NAMA

€54,000,000,000 Fifty-four thousand million euro. It is estimated that the National Asset Management Agency (NAMA) will pay €54 billion to the banks for property-related loans with a face value of about €77 billion. The Minister for Finance, Brian Lenihan announced yesterday in the Dáil that the Irish State would receive a discount of an average [...]