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Europe Daily Bulletin No. 9781

13 November 2008
Contents Publication in full By article 17 / 34
GENERAL NEWS / (eu) eu/state aid
Commission finds that La Banque Postale in France did not receive aid for retirement pension financing reform for La Poste's state-payroll employees

Brussels, 12/11/2008 (Agence Europe) - On Wednesday 12 November, the European Commission ruled that La Banque Postale did not gain any advantage from the breakdown between La Poste and itself of the €2 billion paid by La Poste in 2006 to the national public body responsible for financing retirement pensions. La Banque Postale did not, therefore, receive state aid. The Commission was particularly concerned to ensure that the calculation of the contribution by La Banque Postale took account...

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