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Europe Daily Bulletin No. 10980

10 December 2013
ECONOMY - FINANCE - BUSINESS / (ae) state aid
Changes to LBBW restructuring plan

Brussels, 09/12/2013 (Agence Europe) - On 9 December, the European Commission announced that an amendment to the restructuring plan of German bank LBBW, originally approved in December 2009, was in line with EU state aid rules. In the initial restructuring decision, LBBW had committed to improve its corporate governance through a number of measures, including the conversion of LBBW into a joint-stock company (see EUROPE 10042). Germany says that the substance of the corporate governance...

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ECONOMY - FINANCE - BUSINESS
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