EU regulators examining Anglo Irish overhaul plan

BRUSSELS, Nov 12 (Reuters) - European Union regulators are now scrutinising a restructuring plan for nationalised Anglo Irish Bank and will decide soon whether to clear it, a European Commission spokeswoman said on Friday. "The plan was submitted two weeks ago. We aim to come to a conclusion as quickly as possible," said Amelia Torres, spokeswoman for EU competition matters. Anglo Irish has received 23 billion euros ($31.37 billion) in state aid, which needs Commission approval to ensure that the support does not give the lender an unfair advantage over rivals. In September, Ireland unveiled plans to break up Anglo Irish into a deposit bank and an asset recovery bank as part of its winding-down. The lender was nationalised after suffering losses on commercial property. ($1=.7332 Euro) (Reporting by Foo Yun Chee; Editing by Jon Loades-Carter) Keywords: ANGLOIRISHBANK EU/ (; tel +32 2 287 6844; Reuters Messaging: COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved.

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