login
login

Europe Daily Bulletin No. 9782

14 November 2008
Contents Publication in full By article 11 / 29
GENERAL NEWS / (eu) eu/state aid
Commission approves Dutch emergency recapitalisation of ING

Brussels, 13/11/2008 (Agence Europe) - On Thursday 13 November, the European Commission authorised an emergency intervention in the form of recapitalisation by Dutch authorities to the ING Groep N.V. amounting to €10 billion as core tier 1 capital. The Commission finds the measure to be in line with its guidance communication on state aid to overcome the current financial crisis (EUROPE 9760). The measure in question mainly meets the four following criteria: 1) necessity: ING has a...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS