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Europe Daily Bulletin No. 10073

9 February 2010
Contents Publication in full By article 16 / 33
GENERAL NEWS / (eu) eu/state aid
Commission temporarily approves additional recapitalisation package for ABN Amro and Fortis Bank Nederland

Brussels, 08/02/2010 (Agence Europe) - On Monday 8 February, the European Commission temporarily approved a recapitalisation package of €6.9 billion in favour of ABN AMRO and Fortis Bank Nederland until 31/07/2010 as urgent rescue aid. The additional recapitalisation package is necessary to finance the separation of ABN Amro from its mother company and the integration costs resulting from the merger between FBN and ABN Amro. At the same time, the Commission extended the scope of its...

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