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Image header Agence Europe
Europe Daily Bulletin No. 10693
Contents Publication in full By article 22 / 27
ECONOMY - FINANCE - BUSINESS / (ae) state aid

Aid for ÖVAG gets go-ahead

Brussels, 20/09/2012 (Agence Europe) - On Wednesday 19 September, the European Commission authorised the 2009 bailout by Austria of Austrian bank Österreichische Volksbanken AG (ÖVAG) in the form of capital injections totalling €1.25 million, liquidity guarantees totalling €3 billion and an asset guarantee of €100 million. The Commission says that the aid complies with EU state aid rules. After an investigation launched in 2011 (see EUROPE 10513), it concluded that the restructuring...

Contents

SECTORAL POLICIES
(AE) GMO: NK603 maize is toxic for rats - EFSA awaits its chance
(AE) ENVIRONMENT: MEPs say no shale gas fracking without robust rules
(AE) INDUSTRY: Commission promises action plan on steel by June 2013
(AE) JHA: EP approves new asylum reception conditions - NGOs are critical
(AE) JHA: Consular protection - strengthened rights for Europeans
(AE) RESEARCH: 12 States call for rules of participation to be changed
(AE) REGIONS: Regions limit crisis damages but warn against centralisation
(AE) REGIONS: Budget - peripheral maritime regions call on EU27
(AE) WOMEN: Greens favour quotas and hit back at nine blocking states
(AE) SPACE: MEPs approve future funding for Galileo and EGNOS
EXTERNAL ACTION
(AE) CHINA: Appeasement at last summit of Wen era
(AE) SYRIA: Negotiated solution needed according to EEAS
(AE) RUSSIA: MEPs call on EU to act on Magnitsky case
(AE) EASTERN PARTNERSHIP: Bildt says elections to be carefully observed
(AE) BOSNIA HERZEGOVINA: Commission discusses impact of Croatia's accession
(AE) EGYPT: €10 million for better access to drinking water
(AE) MEDITERRANEAN: First of EBRD's investment commitments
(AE) MEDITERRANEAN: UfM an exclusive channel for EU relations
ECONOMY - FINANCE - BUSINESS
(AE) SPAIN: Promised aid will only be used for banks
(AE) ECONOMY: MEPs try to slow down Banking Union process
(AE) INSURANCE: Solvency II may be postponed until 2015
(AE) STATE AID: Aid for ÖVAG gets go-ahead
(AE) STATE AID: UK aid for Energy Works gets go-ahead
(AE) STATE AID: Czech Airline 2010 aid complies with EU rules
SOCIAL - EDUCATION
(AE) SOCIAL: MEPs dubious about “social enterprise” label
(AE) SOCIAL: Monitoring powers for posted workers debated
(AE) EDUCATION: “Erasmus for All” -first debate on Doris Pack report