I would caution very much against buying AIB. Government ownership is expected to go to 99%. Your shares will go down for sure, and may be worth almost nothing once its done. They're state owned. IRE on the other hand looks stronger but there is still risk. Still I think they will remain on the exchange and are looking stronger with reduced debt and lower losses on EPS.
Central Bank President Jean-Claude Trichet said today the ECB's decision on Thursday to increase interest rates by 25 basis points was ultimately good for Ireland, even if it may hurt mortgage-holders in the short term. [ID:nECBNEWS]
He also praised Ireland for its "remarkable efforts" to restructure and deleverage its banks and said the country was regaining its competitiveness