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Europe Daily Bulletin No. 9128

10 February 2006
Contents Publication in full By article 23 / 45
GENERAL NEWS / (eu) eu/state aid
Commission says public participation of AWS in Austrian securitisation scheme is not State aid

Brussels, 09/02/2006 (Agence Europe) - The Commission concluded on Thursday that public participation of Austria Wirtschaftsservice GmbH in a bond portfolio set up by Investkreditbank AG is not state aid. AWS public participation will correspond to 10% of a million bond portfolio set up by Investkreditbank. The Commission found that AWS' participation is made on market terms and is based on conditions a private investor would have accepted (“the private market investor principle”) and...

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