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Image header Agence Europe
Europe Daily Bulletin No. 9929
Contents Publication in full By article 30 / 43
GENERAL NEWS / (eu) eu/state aid

Spanish guarantee scheme for credit institutions receives clearance

Brussels, 25/06/2009 (Agence Europe) - On Thursday 25 June, the European Commission authorised a six month prolongation of a Spanish guarantee scheme for credit institutions, subject to certain conditions (EUROPE 9810). The Commission considers the extension is in line with its communication on state aid for overcoming the financial crisis. It states that, as long as the extended measures are limited in time and scope, they represent an appropriate means of remedying a serious disturbance in...

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