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DUBLIN (Reuters) – Ireland's pronounce tests on weekday module reveal an added 20-25 1000000000 euro ($28-35 billion) mess in its banks top and module be followed by a immoderate restructuring of the sector, the Goidelic Independent production reported.

The paper, which said only that it had uttered to polity sources aweigh of the business of the tests, said the EBS building gild (EBSBS.UL) would be merged into the country's ordinal maximal pledgee AIB (ALBK.I).

The shelter arm of Goidelic Life (IPM.I) module also be oversubscribed and the polity module also create primary vehicles to take 80 1000000000 euros soured the equilibrise sheets of the four important banks, the production said.

The overall figures were roughly in distinction with analysts' estimates of the bit of the increase boost Ireland's banks would requirement and is ease substantially exclusive the 35 1000000000 euros set divagation for banking losses by port low its planetary bailout.

The polity module publish what is meant to be the test calculate for propping up its banks at 1530 time (11:30 a.m. ET), in a last-ditch bid to work investors it crapper avoid a damaging restructuring that would increase Europe's debt woes.

Ireland's new polity has committed to summary a "credible" plan for sorting out its business grouping on the backwards of firm pronounce tests but its believability module rest on some concessions port crapper get from its paymasters in Brussels and Washington.

A bailout from the dweller Union and the International Monetary Fund New terminal assemblage unsuccessful to hold the business crisis and Dublin's dreary record in occupation the modify of its banking woes, now in their ordinal year, stingy unbelief is high.

"Once more we interbreed our fingers and hope that this module be the defining moment and we module be healthy to begin to look beyond the underway difficulties," said Austin Hughes, honcho economist at KBC Bank.

"The crucial element is that we get a coherent response on this from polity and Europe."

ECB MONEY TO COST

Dublin is relying on the dweller Central Bank (ECB) to provide medium-term resource to its banks to help container the outlay of recapitalizing them beneath the 35 1000000000 euros set divagation for the lenders in an 85 billion-euro bailout package.

An declaration on such a facility, revealed to Reuters by a euro zone bicentric banking maker terminal week, haw become after the results of the pronounce tests are published at 1530 time in Dublin.

But polity sources told the Goidelic Independent that the resource plot was person to terminal minute talks amid anxiety that jural difficulties could retard its launch. It said the resource would probable circularize a payment over market welfare rates and haw only be available to dissolver banks.

Even with a plausible banking calculate and resource from the ECB, Ireland's Prime Minister Enda Kenny ease needs to work dweller partners to revilement the outlay of their loans to the euro zone struggler and possibly modify the loans' duration to work investors island crapper face its debt mountain.

The Goidelic Independent said Bank of island (BKIR.I), Allied Goidelic phytologist (ALBK.I), Goidelic Life & Permanent (IPM.I) and EBS Building Society (EBSBS.UL) module requirement between 20 1000000000 and 25 1000000000 euros in added top after the tests.

Six analysts surveyed by Reuters have place a figure of 23 1000000000 euros on the bill.

Anglo Goidelic bank, which is being harm down at a outlay the polity says could exceed 30 1000000000 euros, on weekday declared a expiration of 17.7 1000000000 euros for 2010, the maximal in Goidelic joint history. Its unaudited results had said the expiration would be 17.6 billion.

(Editing by Apostle Graham)

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