
'We received recently the proposal for a restructuring plan, coming from the Irish authorities, we have started the analysis of this restructuring plan,' Commissioner Joaquin Almunia told a news briefing.
He said the European Commission was in contact with the Irish government on support for its troubled banks, but it was too soon to say how the situation would develop.
'We have no date for a decision, of course, given the situation in Ireland, a decision should come as rapidly as possible, but at the same time we cannot anticipate the conclusion of the conversations.' Keywords: EU ANGLOIRISH/ (Brussels newsroom, +32 2 287 6830; brussels.newsroom@reuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
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