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Europe Daily Bulletin No. 10431

2 August 2011
Contents Publication in full By article 12 / 13
GENERAL NEWS / (ae) eu/state aid

01/08/2011 (Agence Europe) - Danish regime for banks. On Monday 1 August, the European Commission authorised under EU state aid rules the amendment of the Danish winding-up scheme for credit institutions until 31 December 2011. Denmark has amended the Act commanding the Deposit Guarantee Fund, so as to allow the Fund to contribute to the bailout of a failing bank by providing compensation to an acquiring bank. This possibility will only be used, if it is less costly for the fund to provide...