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Europe Daily Bulletin No. 9795

3 December 2008
Contents Publication in full By article 20 / 37
GENERAL NEWS / (eu) eu/state aid
Commission encourages Member States to support “healthy banks” and bolster “normal economy”

Brussels, 02/12/2008 (Agence Europe) - On Tuesday 2 December, the European Commission announced the publication of a new communication on state aid in the context of the financial crisis. Brussels explains that this does not involve a revision of the rules but clarification, particularly with regard to aid to banks which are a priori healthy. Such support would provide an incentive to “healthy” banks to continue to propose lending services, despite congestion on the financial market.

On...

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