Anglo Irish Bank sign
Media playback is unsupported on your device

Irish deficit jumps after new bank bail-out

The Irish Central Bank has said it will need to increase the amount of support to the country's banking sector.

It said supporting Anglo Irish Bank would cost from 29.3bn euros to a "stress scenario" bail-out of up to 34bn euros ($46.4bn; £29.2bn).

The cost would push the Irish Republic's fiscal deficit to 32% of gross domestic product (GDP).

Hugh Pym reports.

  • 30 Sep 2010
Go to next video: Anglo-Irish was 'systemic threat'