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Europe Daily Bulletin No. 9923

18 June 2009
Contents Publication in full By article 26 / 45
GENERAL NEWS / (eu) eu/state aid
Commission authorises recapitalisation measure of Austrian bank Hypo Tirol

Brussels, 17/06/2009 (Agence Europe) - On Wednesday 17 June, the European Commission approved a measure notified to it by the Austrian authorities, of their intention to recapitalise the bank Hypo Tirol with the help of a sum of €100 million by way of a guarantee on the capital subscribed by private investors. The measure aims to ensure an appropriate ratio of own funds in the context of the current crisis and thus to preserve the classification of the bank and its refinancing...

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