Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

EU Commission issues notice to Gov about VHI

Options
  • 24-01-2007 11:24pm
    #1
    mike65
    Closed Accounts Posts: 88,978 ✭✭✭✭


    About time.
    BRUSSELS (AFX) - The European Commission said it has sent Ireland a letter of formal notice, the first stage in legal proceedings, requesting its observations on the exemption of the Irish Voluntary Health Insurance Board (VHI) from certain EU rules on non-life insurance.

    The commission said it has received a complaint alleging that the VHI is active in the insurance market unlawfully, as it is not subject to the EU's first non-life insurance directive.

    Ireland now has a month to reply to the commission's letter, after which the commission can either close the case, or, if the response is unsatisfactory, issue a 'reasoned opinion', formally calling on the Irish government to amend the relevant legislation.

    They can't run with the hare and hunt with the hound.

    Mike.


Advertisement