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Europe Daily Bulletin No. 10066

29 January 2010
Contents Publication in full By article 24 / 32
GENERAL NEWS / (eu) eu/state aid
Definitive green-light to recapitalisation of Dutch bancassurance company SNS REAAL

Brussels, 28/01/2010 (Agence Europe) - On Thursday 28 January, the European Commission approved the recapitalisation of the Dutch bancassurance company SNS REAAL after a detailed assessment of the company's viability plan submitted by the Dutch authorities on 16 October 2009. On 10 December 2008, the Commission had approved the recapitalisation on a temporary basis as a rescue measure. The Commission considers that the plan confirms that SNS has a viable business model, while ensuring a...

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