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Image header Agence Europe
Europe Daily Bulletin No. 10251
Contents Publication in full By article 27 / 36
GENERAL NEWS / (eu) eu/state aid

Commission demands more WestLB restructuring measures

Brussels, 05/11/2010 (Agence Europe) - The European Commission decided on Friday 5 November to extend the ongoing state aid investigation on the restructuring of German regional bank Westdeutsche Landesbank (WestLB), begun in December 2009. Estimates put the money received by the bank in state subsidies at €3.4 billion more than originally provided for in the process of transferring its portfolio of impaired assets to a bad bank (see EUROPE 10165 and 10047). This would bring the total...

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