Dec. 14 (Bloomberg) -- Ireland is working on options to strengthen a restructuring plan for Irish Life & Permanent Plc, which was first submitted to the European Commission in July, the Commission said.
“An assessment of these options will be completed by end- December 2011 and discussed again in the next review mission in January,” the Commission said in a report on Ireland, published today.
Deleveraging of the country’s lenders is “broadly in line” with Ireland’s aid program “despite the weakened market sentiment,” it said.
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