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Image header Agence Europe
Europe Daily Bulletin No. 9930
Contents Publication in full By article 26 / 33
GENERAL NEWS / (eu) eu/state aid

Go-ahead for recapitalisation of Anglo Irish Bank

Brussels, 26/06/2009 (Agence Europe) - On Friday 26 June 2009, the European Commission approved an emergency recapitalisation worth €1.5 billion that the Irish authorities intend to grant Anglo Irish Bank. The Commission found the measure to be in line with its Guidance Communications on state aid during the current financial crisis (see IP/08/1495 and IP/08/1901). The Commission believes the measure constitutes an adequate means to remedy a serious disturbance in the Irish economy while...

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