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Image header Agence Europe
Europe Daily Bulletin No. 9804
Contents Publication in full By article 22 / 35
GENERAL NEWS / (eu) eu/state aid

Commission approves changes to German financial rescue scheme

Brussels, 15/12/2008 (Agence Europe) - On Friday evening 12 December, the European Commission approved changes to the German rescue package for financial institutions (initially approved by the Commission on 27 October 2008). Since notification of changes foreseen by the German authorities on 11 December, negotiation with the Commission had mainly been hampered over remuneration of recapitalisation measures. According to the agreement sealed between Berlin and the Commission, although basic...

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