Brussels, 04/12/2015 (Agence Europe) - On Friday 4 December, the European Commission opened an in-depth probe to assess whether aid of just under €1 billion granted by Denmark to Vestjysk Bank is compatible with EU state aid rules.
The Commission will in particular examine whether Vestjysk Bank's restructuring plan, unveiled in April 2012 and amended in June 2015, would restore the bank's long-term viability without unduly distorting competition (see EUROPE 10603). The Commission will...