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Europe Daily Bulletin No. 10754

19 December 2012
ECONOMY - FINANCE - BUSINESS / (ae) state aid
In-depth investigation into Caixa Geral de Depósitos

Brussels, 18/12/2012 (Agence Europe) - On Tuesday 18 December, the European Commission opened an in-depth investigation to examine whether a payment of €405,415 in dividends on 28 September 2012 by Caixa Geral Finance Limited, an affiliate of Caixa Geral de Depósitos (CGD), to institutional investors, is in line with EU State aid rules. Last July (see EUROPE 10658), the Commission authorised rescue capital injection from the Portuguese State amounting to €1.65 billion recapitalisation...

Contents

A LOOK BEHIND THE NEWS
ECONOMY - FINANCE - BUSINESS
SECTORAL POLICIES
EXTERNAL ACTION