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Europe Daily Bulletin No. 10481

25 October 2011
Contents Publication in full By article 18 / 31
GENERAL NEWS / (ae) eu/state aid
Investigation into restructuring of Banco Português de Negócios

Brussels, 24/10/2011 (Agence Europe) - On Monday 24 October, the European Commission opened an in-depth review to determine whether the proposed restructuring of Banco Português de Negócios (BPN) was in line with EU Sstate aid rules. BPN was nationalised in November 2008 and benefited from several state measures. The opening of an in-depth investigation will enable the Commission to gather all the information it needs to assess the compatibility of the aid and allow third parties the...

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