login
login
Image header Agence Europe
Europe Daily Bulletin No. 9799
Contents Publication in full By article 21 / 37
GENERAL NEWS / (eu) eu/state aid

Commission wants to boost economy by supporting “sound” banks

Brussels, 08/12/2008 (Agence Europe) - Competition Commissioner Neelie Kroes announced, on Monday 8 December, the adoption of a communication on the recapitalisation of banks in the wake of the financial crisis. This communication, which was adopted last Friday, sets out the technical details for recapitalising “sound” banks, limiting competition distortions as much as possible. The Commission had to be sure that, “in solving one problem, we do not create more problems” Kroes said to...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION
WEEKLY SUPPLEMENT