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Ireland's economy still at risk | Business Brief

2014-10-27 7 Dailymotion

The problems in Ireland's banking sector have never really gone away. A decade of low interest rates led to a real-estate bubble that burst back in 2007. Property prices halved. Banks were glutted with toxic loans, many of which were bundled into a bad bank, the National Asset Management Agency or NAMA. Now that prices are rising again, NAMA wants to cash in on the properties it's holding. But not everyone's happy about that.

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