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Europe Daily Bulletin No. 10147

28 May 2010
Contents Publication in full By article 17 / 28
GENERAL NEWS / (eu) eu/state aid
Reduced use of crisis support to banks

Brussels, 27/05/2010 (Agence Europe) - The new scoreboard for state aid, published on Thursday 27 May by the European Commission, shows that the reliance of financial institutions on emergency support through state guarantees and recapitalisation is declining. “The declining use of state guarantees is an encouraging indicator that the financial sector has begun to return to normal market conditions”, said Joaquin Almunia, Commission Vice-President responsible for competition policy, who...

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GENERAL NEWS