Govt ordered to abolish VHI's State guarantee

The European Commission has ruled that that the Government must abolish its State guarantee to the VHI.

Govt ordered to abolish VHI's State guarantee
Wed, 25 Jul, 2012 - 12:20

The European Commission has ruled that that the Government must abolish its State guarantee to the VHI.

Because the VHI is a State body, it cannot be liquidated, wound-up or declared bankrupt.

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