DID US & EU HIDE INFORMATION WHILE STRESS TEST ?

Ireland is being punished for coming clean about the state of the Irish banking industry, Brian Lenihan, the Irish Finance Minister told CNBC in an interview Thursday. “We are being punished because we have exposed our dirty linen on the banking front," Lenihan said. "We've made no secret of it. Because I believe the quicker we bring that out, the quicker we bring resolution to our banking difficulties, the quicker confidence will restore and be returned to the country,”