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Europe Daily Bulletin No. 10222

25 September 2010
Contents Publication in full By article 19 / 29
GENERAL NEWS / (eu) eu/state aid
Commission temporarily authorises additional state aid for Hypo Real Estate

Brussels, 24/09/2010 (Agence Europe) - On Friday 24 September 2010, the European Commission temporarily authorised emergency measures involving a transfer of approximately €200 billion of toxic and non-strategic assets into a winding-up institution, and additional state guarantees of up to €40 billion for the German bank Hypo Real Estate (HRE), for reasons of financial stability. This should cover the bank's immediate cash flow needs. A Commission spokesperson stressed that the...

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A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
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