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Anglo aid has a limit -- Lenihan

FINANCE Minister Brian Lenihan has insisted that the Government will decide a limit on how much taxpayers will pour into Anglo Irish Bank, but refused to be drawn on a figure.

Credit-rating agency Standard and Poor's (S&P) has put the final figure at €35bn, while bank bosses claim the bailout will cost much less at €25bn.

Minister Lenihan said that their priority was to make the bank a viable financial institution.

"Of course, there has to be a limit," he said. "It's a question of keeping the whole financial reputation of the country afloat.

"Billions will have to be poured into this institution over a long number of years on a cash-flow basis," he added.


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