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Europe Daily Bulletin No. 10385

25 May 2011
Contents Publication in full By article 33 / 35
GENERAL NEWS / (eu) eu/state aid/austria
Temporary approval of aid to Hypo Alpe Adria

Brussels, 24/05/2011 (Agence Europe) - On Tuesday 24 May, the European Commission adopted a decision temporarily approving additional state aid of €200 million granted at the end of 2010 to the Austrian banking group, Hypo Alpe Adria (HGAA). In parallel, it extended its in-depth investigation into the bank's restructuring plan, so as to include the additional aid in its assessment (see also EUROPE 10165). (O.L./transl.jl)

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