Agence France-PresseFebruary 6, 2013 23:16
Irish lawmakers voted through emergency legislation to liquidate the former Anglo Irish bank early Thursday, as part of a deal to ease the eurozone country's massive debt burden.
Weary lawmakers voted in the small hours to liquidate the failed bank, now known as the Irish Bank Resolution Corporation (IBRC), by a majority of 113 in favour to 36 against.
Its assets will now be bought out by Ireland's state run "bad bank", the National Asset Management Agency (NAMA), which buys risky mortgages from debt-plagued lenders.
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