The Irish State will have bailed out the banks to the tune of €69 billion – after today’s €23 billion is added on to previous bailouts.
To put that in perspective – what would €69 Billion Euro buy?
It would pay the entire Health budget of €10.8 Billion in Ireland for about four and a half years
It would pay the entire Education Budget in Ireland for 8 years
It would fund the entire Welfare budget of €17 Bn for 4 years
€69 billion would fund the entire Public Sector pay bill for over 3 years