Brussels, 15/09/2009 (Agence Europe) - On Tuesday 15 September, the European Commission extended its investigation of system of aid provided by the Dutch State to the financial group ING. The Commission is particularly worried about the so-called illiquid assets back-up facility for a portfolio of €30 billion par value worth of US residential mortgage-backed securities.
The Commission initially authorised the measure for six months for reasons of financial stability on 31 March while...