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Europe Daily Bulletin No. 10040

15 December 2009
Contents Publication in full By article 13 / 36
GENERAL NEWS / (eu) eu/state aid
Green light to impaired asset relief and restructuring plan for Royal Bank of Scotland

Brussels, 14/12/2009 (Agence Europe) - On Monday 14 December, the European Commission approved the impaired asset relief measure and the restructuring plan of Royal Bank of Scotland (RBS). The Commission is satisfied that the measures are in line with its guidelines on impaired asset relief and on restructuring aid for banks. As such, the state support for RBS is compatible with provisions in the Treaty on the Functioning of the European Union (TFEU), which allows state aid to remedy a...

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A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION
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