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Europe Daily Bulletin No. 8490

25 June 2003
Contents Publication in full By article 22 / 53
GENERAL NEWS / (eu) eu/state aid
Commission takes interest in restructuring plan for Bank Burgenland

Brussels, 24/06/2003 (Agence Europe) - The European Commission has decided to open a formal investigation procedure against the restructuring plan for the Bank Burgenland AG. The restructuring plan is intended to restore the long-term viability of the bank after a case of fraud discovered in 1999. It includes above all long-term guarantees that the regional government of Burgenland intends to grant to the Bank. The Commission wishes to ensure that the measures foreseen fully comply with the...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION
SUPPLEMENT