NorthWest MEP JIm Higgans wants Anglo wound down in next 2 years

Fine Gael M-E-P Jim Higgins is calling for Anglo Irish Bank to be wound down over the next two years.

A meeting of Europe's finance and economic ministers continuing Brussels, on Brian Lenihan's second day in Belgium.

Jim Higgins is warning that the sovereignty of the Irish State could collapse if Anglo isn't sorted out soon: