login
login

Europe Daily Bulletin No. 10023

20 November 2009
Contents Publication in full By article 13 / 35
GENERAL NEWS / (eu) eu/state aid
Green light for capital injections of almost €103 million in favour of Mortgage and Land Bank of Latvia

Brussels, 19/11/2009 (Agence Europe) - On Thursday 19 November, the European Commission approved two capital injections in favour of the Mortgage and Land Bank of Latvia (LHZB). The measures amount to LV 72.79 million (€102.48 million). LHZB is currently in the process of phasing out its remaining commercial activities so as to become a pure development bank (i.e. supporting structural, economic and social policies on behalf of the state, in accordance with its public mission). The...

Contents

THE DAY IN POLITICS
GENERAL NEWS
19 NOVEMBER 2009