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Europe Daily Bulletin No. 9880

10 April 2009
Contents Publication in full By article 22 / 35
GENERAL NEWS / (eu) eu/state aid
In-depth investigation opens on aid measures to Fortis Bank Nederland and ABN Amro activities in Netherlands

Brussels, 09/04/2009 (Agence Europe) - On Wednesday 8 April, the European Commission opened an in-depth investigation to establish whether state measures in favour of Fortis Bank Nederland (FBN) and the activities of ABN Amro which were acquired by Fortis (“the ABN activities”) are in line with EU state aid rules. On 3 October 2008, the Dutch state purchased FBN and provided it with loans amounting to tens of billions of euros. On 24 December 2008, it then purchased the ABN activities...

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