Government and Irish bankers join in opposition to EU banking directive

The government and the Irish financial services industry are teaming up with their European counterparts in an effort to veto a major new EU banking plan.

20th September, 2008

The government and the Irish financial services industry are teaming up with their European counterparts in an effort to veto a major new EU banking plan.

A delegation held talks with Irish EU Commissioner Charlie McCreevy last week, to lobby against the plan, which it argued would deepen the economic turmoil and trigger an even greater credit crisis.

The meeting was attended by senior executives from a number of leading Irish banks, as well as...

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