Commission to threaten government over VHI

The government is on a collision course with the EU Commission over the future of the VHI.

26th February, 2012

The government is on a collision course with the EU Commission over the future of the VHI. The Commission has told the government that it has rejected its proposed reponse to an EU Court of Justice ruling last year, and is set to threaten to fine the state, unless changes are made.

Last September, the EU Court of Justice ruled that the VHI must be regulated by the Central Bank, and must be subject to...

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