EU Commissioner for Competition Margrethe Vestager: Nama’s activities did not breach EU rules

Developers accused the European Commission of missing the point after Brussels ruled against their challenge to the Government decision to allow State(...)

Michael O’Flynn’s company and other developers complained about Nama to Brussels after the agency said it would finance the construction of 20,000 homes. Photograph: Brenda Fitzsimons

Plans to turn the National Asset Management Agency into a Government-owned housebuilder should be put on hold until the European Commission has ruled (...)

The European Commission could order that Nama suspend housing plans while it investigates a complaint brought by a group of builders. Photograph: Cyril Byrne

Brussels could demand that the National Asset Management Agency (Nama) suspend its plans to build 20,000 houses while officials investigate claims th(...)

The complaint was filed by developers David Daly, Paddy McKillen and Michael O’Flynn, and by Dublin-based companies New Generation Homes and MKN Properties. Photograph: Getty Images

Five leading property developers have told the European Commission that the market for new houses in Ireland is likely to “descend into a state of cri(...)