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Image header Agence Europe
Europe Daily Bulletin No. 10947
Contents Publication in full By article 16 / 39
ECONOMY - FINANCE - BUSINESS / (ae) state aid

Draghi warns against too strict application of rules

Brussels, 21/10/2013 (Agence Europe) - Antoine Colombani, a spokesman for the EU Competition Commissioner Joaquin Almunia, made reassuring noises on Monday 21 October about the very close cooperation between the European Commission and the European Central Bank (ECB) on application of the new state aid rules for banks that came into force on 1 August.

In a letter to Commissioner Almunia on 30 July, the head of the ECB, Mario Draghi, warned the European Commission against over-cautious...

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