login
login
Image header Agence Europe
Europe Daily Bulletin No. 10170
Contents Publication in full By article 32 / 41
GENERAL NEWS / (eu) eu/state aid

Restructuring aid for Caja Castilla-La Mancha approved

Brussels, 29/06/2010 (Agence Europe) - On Tuesday 29 June, the European Commission authorised Spanish aid for the restructuring of Caja Castilla-La Mancha. The Commission considers that the restructuring plan adequately addresses the problems that led to the bail-out of the bank in 2009 whilst avoiding undue distortions of competition. The Commission's investigation found that the orderly break-up of Caja Castilla-La Mancha, followed by the sale of the banking business to a competitor (Banco...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
SUPPLEMENT