The European Commission has challenged the Irish government to demonstrate why Anglo Irish Bank should not be liquidated, when the bank finalises a restructuring plan for the commission’s approval in the coming weeks.
In correspondence sent to the Irish government, EU competition commissioner Neelie Kroes, whose remit includes approving state aid, said the restructuring plan, when submitted, should address all possible options regarding Anglo’s future - including liquidation.
The correspondence also...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team