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Europe Daily Bulletin No. 9912

3 June 2009
Contents Publication in full By article 17 / 37
GENERAL NEWS / (eu) eu/state aid

02/06/2009 (Agence Europe) - On Tuesday 2 June, the European Commission authorised recapitalisation of €3 billion and a general guarantee of €10 billion in favour of HSH Nordbank of Germany. The Commission has cleared measures under a temporary rescue scheme, considering it an appropriate way to rescue a bank whose bankruptcy could entail serious upheaval in the German financial sector. Germany must present a valid plan within three months to guarantee the future of HSH Nordbank....

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A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
WEEKLY SUPPLEMENT