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Europe Daily Bulletin No. 10773

29 January 2013
ECONOMY - FINANCE - BUSINESS / (ae) efta/banking
Commission to assess implications of Icesave ruling

Brussels, 28/01/2013 (Agence Europe) -The European Commission has taken note and will be analysing the implications of the ruling of the court of the European Free Trade Association on Monday 28 January 2013 which found in favour of Iceland against the European Commission. The court ruled that Reykjavik had not infringed EU savings guarantee rules by refusing to compensate British and Dutch savers when the bank Icesave's parent company, Landsbanki, went bust in 2008.

Stefaan De Rynck,...

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