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Europe Daily Bulletin No. 9933

2 July 2009
Contents Publication in full By article 29 / 30
GENERAL NEWS / (eu) eu/competition

01/07/2009 (Agence Europe) - Competition Commissioner Neelie Kroes has warned the UK that she may require the Royal Bank of Scotland Group plc (RBS) and Lloyds Banking Group plc to divest themselves of their subsidiaries. “The likelihood of significant divestments by RBS and Lloyds is strong,” she said at a financial sector conference in London on Tuesday 30 June. These two banks have received more than £40 billion in state aid. Approval of this aid by the Commission depends on the...

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A LOOK BEHIND THE NEWS
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GENERAL NEWS