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Europe Daily Bulletin No. 9843

19 February 2009
Contents Publication in full By article 22 / 31
GENERAL NEWS / (eu) eu/state aid
Commission will not object to nationalisation of Anglo Irish Bank

Brussels, 18/02/2009 (Agence Europe) - On Tuesday 17 February 2009, the European Commission decided not to raise any objections to the nationalisation of Anglo Irish Bank, to be taken over by the Irish government.

Under the current financial crisis and recent revelations about mis-management at Anglo Irish Bank (AIB) that has weakened the bank's financial position, the Irish government decided on 21 January 2009 to nationalise the bank. In order to avoid any legal uncertainties, the...

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