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Europe Daily Bulletin No. 9757

9 October 2008
Contents Publication in full By article 26 / 34
GENERAL NEWS / (eu) eu/competition
Commission elaborates guidelines for national bank guarantee initiatives

Brussels, 08/10/2008 (Agence Europe) - On 7 October, European Commissioner for Competition Neelie Kroes confirmed guidance for national authorities in their efforts to provide assistance to banks. At the end of the Ecofin Council on Tuesday, in Luxembourg, the Commissioner informed the press that this guidance would be part of recent initiatives by several member states to stabilise banks on their own national territories. She stated: “I can already say that the Danish scheme contains a...

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