Lenihan to discuss orderly wind-down of Anglo with EU

AN orderly wind-down of Anglo Irish Bank will be one of the issues Finance Minister Brian Lenihan will discuss with the European Commission today.

The Government is coming under increasing pressure to stop pouring taxpayers’ money into the bank which, according to a poll, three quarters of the public fear could bankrupt the country.

There are signs that Taoiseach Brian Cowen and Mr Lenihan are coming around to the idea of gradually shutting down Anglo rather than dividing it into a “good” and “bad” bank.