An Focal Five – News you need to know
Monday, 25 June
Your An Focal Five – the five news stories you need to know today.
1. Spain seeks bailout
THE Spanish government has officially requested a bailout from its fellow Eurozone countries. The bailout will cost an estimated €100bn to save Spain’s ailing banks. Major Spanish bank Bankia has already received €23.5bn in emergency funding from the Spanish government. Spain becomes the fourth Eurozone country to need a bailout.
2. Ulster Bank still facing problems
ULSTER Bank customers will continue to face problems today following a malfunction in the bank’s computer system which has left its customers unable to access their money. Bank branches have been assisting customers over the last few days and will continue to do so for an unspecified time. In Britain, Ulster Bank’s parent company, RBS, has experienced the same problems on a much larger scale. Some experts have blamed inadequate and outdated computer systems. Banks opened on Sunday for the first time ever to deal with the problem.
3. Italy knocks England out of Euro 2012
ITALY defeated England 4-2 on penalties last night, knocking them out of Euro 2012. This comes as a blow to England, which had high hopes for the tournament, and recently appointed manager, Roy Hodgson.
4. NATO to hold emergency meeting on Syria
NATO will hold an emergency meeting tomorrow on the situation in Syria following a request by Turkey. Turkey claims that an unarmed Turkish plane was shot down by the Syrians in international waters and has promised action. What form that action will take is unclear but there remains the potential for military escalation.
5. McGuinness handshake will be photographed
THE historic handshake between Queen Elizabeth II and Sinn Féin’s Martin McGuinness will be photographed, contrary to earlier reports. Sinn Féin considers the event a key part of the process of reconciliation, while some Unionists have downplayed it.
Posted by Darragh Roche, Editor on at 11:29 am.
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