Irish fin ministry says unaware of Hypo unit pledge

Sun Oct 5, 2008 1:08pm BST
 
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DUBLIN (Reuters) - Ireland's finance ministry is unaware of any commitment to Hypo Real Estate's Irish unit Depfa Bank, a ministry spokesman said on Sunday.

Earlier on Sunday a Hypo Real Estate spokesman said the Irish government was considering providing liquidity assistance to Depfa Bank.

"The department is unaware of any such commitment," the Irish finance ministry spokesman said in response.

A 35 billion euro (27 billion pound) German government-led rescue plan for Hypo Real Estate fell apart on Saturday as German banks and insurers withdrew their support for the bailout but talks were continuing on Sunday to revive the rescue.

(Reporting by Jonathan Saul; Editing by Erica Billingham)

 
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