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Europe Daily Bulletin No. 9882

16 April 2009
Contents Publication in full By article 11 / 25
GENERAL NEWS / (eu) eu/state aid
United Kingdom allowed to prolong financial support measures to banking sector

Brussels, 15/04/2009 (Agence Europe) - On Wednesday 15 April, the European Commission approved the prolongation of the Credit Guarantee and Recapitalisation Schemes, which form part of the United Kingdom's support measures to the banking industry during the current financial crisis. The original measures were approved by the Commission on 13 October 2008 and modifications were approved on 23 December 2008. The UK announced it was extending the schemes until 13 October 2009 because of the...

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