Our Small Firms Are Hung Out to Dry by the Banks ; Jobs at Risk As Banks Refuse Business Loans [Eire Region]

Daily MailFebruary 20, 2009

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Summary


THE BILLIONS in taxes spent bailing out banks to keep business alive has not been passed on, as firms reveal they are being starved of credit.

Almost half of all small and medium-seized Irish companies are being denied the bank loans to keep them going.

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Our Small Firms Are Hung Out to Dry by the Banks ; Jobs at Risk As Banks Refuse Business Loans [Eire Region]

The funding squeeze, which will send unemployment spiralling even higher, comes just a week after the Government used e7billion of taxpayers'

Turn to Page 10 money to recapitalise Al...

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