login
login

Europe Daily Bulletin No. 10783

12 February 2013
ECONOMY - FINANCE - BUSINESS / (ae) state aid
PSA guarantee gets six-month authorisation

Brussels, 11/02/2013 (Agence Europe) - On Monday 11 February 2013, the European Commission authorised a French state guarantee for bonds issued by PSA Finance (bank) worth €1.2 billion to enable the bank (wholly owned by struggling PSA car company) to refinance itself on the markets. Because the aid will be of benefit to the entire company, autorisation is conditional a restructuring plan for PSA as a whole being brought forward, within the six-month period, to ensure its long-term...

Contents

A LOOK BEHIND THE NEWS
ECONOMY - FINANCE - BUSINESS
INSTITUTIONAL
SECTORAL POLICIES
EDUCATION
EXTERNAL ACTION
COURT OF JUSTICE OF THE EU
BUSINESS NEWS NO 49
WEEKLY SUPPLEMENT