ireland ranked 139th for the state of its banks

padma · 2010-09-09 15:38:16

From Rte website, http://www.rte.ie/news/2010/0909/competitiveness.html?ref=nf What does this signify? Is now the time to run to da hills? A report on economic competitiveness has placed Ireland bottom of a list of 139 countries worldwide for the state of its banks. The Global Competitiveness Report is compiled by the…

09-09-2010 03:38PM

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padma

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From Rte website, http://www.rte.ie/news/2010/0909/competitiveness.html?ref=nf

What does this signify? Is now the time to run to da hills?

A report on economic competitiveness has placed Ireland bottom of a list of 139 countries worldwide for the state of its banks.
The Global Competitiveness Report is compiled by the World Economic Forum after a survey of businesses in each country, and covers a range of factors affecting each country's business climate.
Overall, Ireland has fallen four places to 29th in the 2010-11 report, dragged down by low rankings in the financial markets category.
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In the 'soundness of banks' rankings, Ireland is last, behind even Iceland and Greece, while Ireland ranks only 117th for ease of access to loans.
Access to loans was rated as the biggest problem for doing business in the Irish survey.

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#2 09-09-2010 05:38PM

ei.sdraob

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Ah got to love RTE with their indepth news reporting :rolleyes:

here I mentioned this earlier, this post and links would be of interest

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#3 10-09-2010 01:53AM

Einhard

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ei.sdraob wrote: »

Ah got to love RTE with their indepth news reporting :rolleyes:

here I mentioned this earlier, this post and links would be of interest

I was looking at the figures in your post their ei., and in my somnolence I thought the "to" was "of", and they were our ratings out of other countries surveyed. I was thinking to myself, hmmmm they're not to bad really until I realised my mistake!!

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