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“Final bill for toxic Anglo bailout could now reach €34 billion,” headlines the Irish Independent. Today, Ireland woke to the news that the bill for the nationalised zombie bank, which has already gobbled €23 billion, could hit €34 billion in a worse case scenario, a crippling 20% of Irish GDP. “And it will mean that every man woman and child in the country could end up paying as much as €8,095 to bail out the bank,” notes the Dublin daily. Whereas Finance Minister Brian Lenihan initially claimed the rescue plan would cost eight times less. The depth of public resentment at bailouts and austerity drives was reflected yesterday in the actions of a 41 year property developer, calling himself the “Anglo Avenger”, who rammed a cement mixer truck into the gates of Leinster House, the Irish parliament.
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