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Europe Daily Bulletin No. 10283

23 December 2010
Contents Publication in full By article 11 / 35
GENERAL NEWS / (eu) eu/competition
New aid for Irish banks

Brussels, 22/12/2010 (Agence Europe) - On Monday 21 December, the European Commission authorised new state aid emergency bailouts of three Irish banks whose dire financial straits have led to an official request for aid by the Irish government. The Commission says the aid complies with EU rules. For Anglo Irish Bank, the Commission has approved a recapitalisation of up to €4.946 billion and a guarantee covering certain off-balance sheet transactions. AIB has received bailouts totalling...

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A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS