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Image header Agence Europe
Europe Daily Bulletin No. 11099
Contents Publication in full By article 21 / 47
ECONOMY - FINANCE - BUSINESS / (ae) state aid

Amended Ethias restructuring plan given thumbs-up

Brussels, 12/06/2014 (Agence Europe) - On 12 June, the European Commission gave the go-ahead to changes to the restructuring plan of Belgian insurance company Ethias.

The Commission has agreed to the proposed prolongation by three years of the rundown of Ethias' retail life insurance portfolio as well as the measures aimed at ensuring the profitability and low risk of its other activities. Competition Commissioner Joaquin Almunia said: “The amendments to Ethias' restructuring plan...

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