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Europe Daily Bulletin No. 10392

7 June 2011
Contents Publication in full By article 27 / 30
GENERAL NEWS / (ae) eu/state aid
Liquidation aid for Amargerbanken and Eik Bank

Brussels, 06/06/2011 (Agence Europe) - On Monday 6 June, the European Commission authorised Danish aid for the liquidation of the banks Amagerbanken and Eik Bank, taking the view that this aid will correctly facilitate the liquidation of the banks and that they come with sufficient guarantees as regards any competition distortions.

As regards Amagerbanken, the eighth-largest bank of the country, which was declared bankrupt in February 2011 having been hit hard by the financial crisis in...

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