Bank Bailout now €69 Billion

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