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Image header Agence Europe
Europe Daily Bulletin No. 10588
ECONOMY - FINANCE - BUSINESS / (ae) state aid

In-depth investigation into sale of Dexia BIL (Luxembourg)

Brussels, 03/04/2012 (Agence Europe) - On Tuesday 3 April, the European Commission opened an in-depth investigation to ascertain whether the price for the sale of Dexia BIL, the Luxembourg subsidiary of the bank Dexia, which was dismantled at the end of 2011, fulfils market conditions and does not comprise any state aid element. The sale, which was notified by the Luxembourg state on 23 March, consists mainly of Dexia BIL's “retail and private banking business”, whereas other businesses...

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ECONOMY - FINANCE - BUSINESS
SECTORAL POLICY
SOCIAL AFFAIRS - CULTURE - EDUCATION
EXTERNAL ACTION
INSTITUTIONAL
COUNCIL OF EUROPE