What next for Anglo Irish Bank?

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The Irish Finance Minister will meet the EU Competition Commissioner Joachim Almunia today to discuss the fate of the collapsed Anglo Irish Bank.

Brian Lenihan will press for a swift decision on the US$32bn (approximately 24.7bn euros) rescue of the now nationalised bank.

Last week the bank announced the largest corporate loss in the history of the Republic of Ireland, making a record loss of 8.3bn euros (£6.7bn) in the first half of 2010.

Joe Lynam reports.

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