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Europe Daily Bulletin No. 10664

27 July 2012
ECONOMY - FINANCE - BUSINESS / (ae) state aid
Proposals to Ireland on voluntary health insurance

Brussels, 26/07/2012 (Agence Europe) - The European Commission proposed appropriate measures to Ireland on Wednesday 25 July to abolish the unlimited state guarantee enjoyed by the Voluntary Health Insurance Board (VHI) by the end of 2013. VHI is a statutory body, statute of which does not provide for liquidation or winding up, with the consequence that VHI cannot go bankrupt. As a result, its creditworthiness is improved, providing VHI, the Commission states, “with an undue financial...

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ECONOMY - FINANCE - BUSINESS
SECTORAL POLICIES
EXTERNAL ACTION