EU officially approves €3.5bn Bank of Ireland recapitalisation

The European Commission has today approved the €3.5bn state recapitalisation of Bank of Ireland in 2009.

EU officially approves €3.5bn Bank of Ireland recapitalisation

The European Commission has today approved the €3.5bn state recapitalisation of Bank of Ireland in 2009.

"The Commission is satisfied that the plan is in line with its communication on the restructuring of banks during the crisis," said an EU statement.

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