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Europe Daily Bulletin No. 11131

30 July 2014
ECONOMY - FINANCE - BUSINESS / (ae) state aid

29/07/2014 (Agence Europe) - Thumbs up for transfer of risky assets to NAMA. On Tuesday 28 July, the European Commission gave the go-ahead to the transfer of the last tranches of risky financial assets resulting from the Irish property bubble to the Irish National Asset Management Agency (NAMA). It finds the transfer to be in line with its guidance on the treatment of impaired assets. (EL)