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Europe Daily Bulletin No. 9558

6 December 2007
Contents Publication in full By article 18 / 41
GENERAL NEWS / (eu) eu/competition
Commission approves UK rescue aid package for Northern Rock

Brussels, 05/12/2007 (Agence Europe) - On 5 December, after eight days' examination, the Commission has authorised the UK authorities' package of measures to support the Northern Rock bank. The Commission concluded that this aid, notified on 26 November, is, as declared by the commissioner for competition's spokesman to the press, “in full conformity with the guidelines on rescue aid”. This aid was authorised by the Commission until 17 March 2008, a date on which it could be replaced by...

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