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Image header Agence Europe
Europe Daily Bulletin No. 10505
Contents Publication in full By article 17 / 35
GENERAL NEWS / (ae) eu/state aid

Crisis management system continues for banks

Brussels, 29/11/2011 (Agence Europe) - In a report to be published on 30 November, the European Commission will set out the criteria for and detail a plan to extend until 2013 the special aid rules for struggling banks announced by Commissioner Almunia to the European Parliament's economic and monetary affairs committee on 22 November (see EUROPE 10501).

Stricter rules would normally have been introduced on 1 January 2012, but because of persistent storms on the financial markets, the...

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