Commission temporarily approves recapitalisation of EBS

The European Commission has authorised under EU state aid rules the €875m emergency recapitalisation of EBS building society.

Commission temporarily approves recapitalisation of EBS
Wed, 02 Jun, 2010 - 14:00

The European Commission has authorised under EU state aid rules the €875m emergency recapitalisation of EBS building society.

In a statement the Commission said it had approved the measure temporarily for a period of six months as urgent rescue aid.

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