Brussels, 11/09/2009 (Agence Europe) - On Friday 11 September, the European Commission approved a Finnish support scheme to stabilise financial markets by providing capital injections to those financial institutions which meet the conditions set. Competition Commissioner Neelie Kroes said: “The Finnish recapitalisation scheme is an effective means to secure banks' capital base and to finance the real economy, while at the same time limiting distortions of competition”.
On 29 May 2009,...