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Thu 01 Jan 2010Fine Gael lodges formal objection to Nama with EU
FINE GAEL has lodged a formal objection to the National Asset Management Agency with the European Commission, a move that represents a last-ditch effort to scupper the Government’s “bad bank” scheme.
As officials in the commission’s competition division examine the Government’s application under State aid rules to proceed with the plan, the main Opposition party has written to Brussels setting out a range of concerns.
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