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Image header Agence Europe
Europe Daily Bulletin No. 10045
GENERAL NEWS / (eu) eu/state aid

Polish bank recapitalisation scheme approved

Brussels, 21/12/2009 (Agence Europe) - On Monday 21 December, the European Commission approved a Polish scheme designed to maintain stability in the Polish financial sector by underwriting capital increases to eligible financial institutions. Poland is proposing underwriting, in the form of preferential shares or subordinated debt instruments, up to 100% of capital increases of financial institutions that are unable to obtain the required financing from the market. The scheme is open to all...

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