login
login

Europe Daily Bulletin No. 9805

17 December 2008
Contents Publication in full By article 29 / 32
GENERAL NEWS / (eu) eu/state aid
Commission approves Swedish rescue aid for Carnegie Bank

Brussels, 16/12/2008 (Agence Europe) - On Tuesday 16 December, the European Commission approved emergency liquidity assistance worth €225 million (SEK 2.4 billion) that the Swedish authorities granted to Carnegie Investment Bank AB. The Commission considers that the measures taken by Stockholm were essential to avoid the bank's collapse and that the measures set in place to avoid competition distortion were sufficient to ensure compliance with Community law. The state aid is subject to...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS