The headquarters of Anglo Irish bank
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What next for Anglo Irish Bank?

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.

  • 06 Sep 2010