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Europe Daily Bulletin No. 9897

8 May 2009
Contents Publication in full By article 22 / 26
GENERAL NEWS / (eu) eu/state aid
Investigation into Northern Rock rescue goes on

Brussels, 07/05/2009 (Agence Europe) - The European Commission announced on Thursday 7 May that it was extending the scope of its year-long in-depth investigation to determine whether the UK aid package to restructure Northern Rock bank provided an unfair advantage. The decision comes after the Commission received notification from the UK authorities on 30 March of significant changes to the aid package. Northern Rock was nationalised last year to save it from bankruptcy. The main change...

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