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Image header Agence Europe
Europe Daily Bulletin No. 11253
ECONOMY - FINANCE - BUSINESS / (ae) state aid

Reintroduction of Danish bank wind-up scheme gets go-ahead

Brussels, 13/02/2015 (Agence Europe) - On Friday 13 February, the European Commission gave the go-ahead to the reintroduction until 30 June 2015 of a Danish scheme for the winding-up of banks, which includes a compensation scheme and two other mechanisms facilitating the sale of failing banks. The scheme was initally approved in 2010, a compensation scheme was introduced in August 2011 and it was further amended in December 2011. The most recent prolongation (for six months) was in January...

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