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Image header Agence Europe
Europe Daily Bulletin No. 11022
Contents Publication in full By article 28 / 32
ECONOMY - FINANCE - BUSINESS / (ae) state aid

Approval of Polish bank aid scheme

Brussels, 19/02/2014 (Agence Europe) - On 18 February, the European Commission gave the go-ahead to a Polish scheme for the orderly winding-up of failing cooperative banks, saying that the scheme complied with the EU rules on state aid to banks during the crisis. The scheme enables Poland to apply aid to transfer some or all of a cooperative bank's assets to a buyer by means of a call for tender. The Commission says that this should allow the best value to be assured for the assets and to...

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