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Image header Agence Europe
Europe Daily Bulletin No. 10665
ECONOMY - FINANCE - BUSINESS / (ae) state aid

27/07/2012 (Agence Europe) - Lithuanian bank support scheme's six month extension. On 26 July, the European Commission authorised a prolongation of a Lithuanian aid scheme for banks until 31 December 2012. The scheme was initially approved on 5 August 2010 (EUROPE 10197) and has been regularly extended since then. The scheme covers guarantees, asset relief and recapitalisation measures in favour of banks operating in Lithuania. All conditions in the original scheme, as last amended by the...

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