TITLE

Finance -- State Aid: Commission Opens In-Depth Investigation into Dexia State Aid

PUB. DATE
January 2009
SOURCE
Venulex Legal Summaries;2009 Q1, Special section p1
SOURCE TYPE
Law
DOC. TYPE
Article
ABSTRACT
The article reports on the plan of the European Commission (EC) to conduct an in-depth investigation into a restructuring plan of the Belgo-French banking and insurance company Dexia. The investigation will focus on the viability and possible anti-competitive consequences of the restructuring plan. The EC authorized a joint relief package by the governments of Belgium, France and Luxembourg granted to Dexia with a condition that the company will notify it about the restructuring plan. Dexia expressed willingness to cooperate with the investigation.
ACCESSION #
42990873

 

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