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EU Commission & State Aid News is an EIN News Service for political professionals. Constantly updated news and information about EU politics.
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Latest EU Commission & State Aid News

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  • GM to rescue struggling Opel 26 Nov 2009 04:39 GMT
    ... was also attended by European Union Competition Commissioner Neelie Kroes, whose blessing is needed before ... the world," he said. On Monday, the EU's industry commissioner said that without state aid, the plan could not work. "General Motors made one ...

  • Belgium on the block as GM outlines Opel cuts 26 Nov 2009 06:12 GMT
    ... to cut 9,000 jobs at GM's loss-making European unit, over half of them in Germany. ... GM executives in Brussels on Monday, the European Commission said that nations affected had decided ... governments for offering 4.5 billion euros in state aid to support GM's original plans to sell Opel to ...

  • EC approves extension of Hungarian mortgage support scheme 26 Nov 2009 11:39 GMT
    ... EC approves extension of Hungarian mortgage support scheme The European Commission said Tuesday it has authorised, under EC Treaty state aid rules, a six months prolongation until the end of 2010 of a Hungarian mortgage support ...

  • ING investors approve break-up 26 Nov 2009 07:30 GMT
    ... as part of a agreed with the European commission to win approval for the state bail-out. ... pay off the first half of the state aid. ING currently has two billion shares outstanding and ...

  • Ministers may sweeten state support payback 26 Nov 2009 07:30 GMT
    ... of the billions of euros received in state aid, the Financieele Dagblad reports on Thursday. Aegon has ... would have to be approved by the European commission. ING CEO Jan Hommen had told the ...

  • FACTBOX-Who will be in the new EU Commission? 25 Nov 2009 17:35 GMT
    ... Spain Joaquin Almunia (EU economic affairs chief) Once awarded a portfolio ... Feb. 1. Ashton, until now EU trade commissioner, takes up her new job on Dec. ... and fair commercial competition, company mergers and state aid. German Guenther Oettinger and Finnish EU enlargement chief Ollie ...

  • State aid: Commission approves Swedish export-credit insurance scheme 25 Nov 2009 11:12 GMT
    ... State aid: Commission approves Swedish export-credit insurance scheme The European ... Commission approves Swedish export-credit insurance scheme The European Commission has authorised, under EC Treaty state aid ... the measure until 31 December 2010. Competition Commissioner Neelie Kroes said: "The Swedish scheme provides ...

  • No need for more state aid - BoI chief 25 Nov 2009 12:51 GMT
    ... 25, 2009, 11:38 No need for more state aid - BoI Bank of Ireland chief executive officer Richie ... the plan the lender submitted to the European Union in September does not envisage the ... further state aid." Mr Boucher also said European Commission decisions on restructuring plans for other ...

  • No need for more State aid - BoI 25 Nov 2009 14:30 GMT
    ... 25, 2009, 11:38 No need for more State aid - BoI Bank of Ireland chief executive officer Richie ... the plan the lender submitted to the European Union in September does not envisage the ... further state aid." Mr Boucher also said European Commission decisions on restructuring plans for other ...

  • Bank of Ireland tells Office of the European Competition Commissioner that it will not require any more State aid 25 Nov 2009 14:37 GMT
    ... Bank of Ireland's group chief executive Richie Boucher said limits for overdrafts for SMEs had increased by 18%. ...

  • Neelie Kroes European Commissioner for Competition Policy Hungary and the EU: better together Address at conference organised by the Hungarian Competition Authority - GVH Budapest, 25th November 2009 25 Nov 2009 11:32 GMT
    ... I firmly believe the EU is a family and that families stick ... are a good example of how the European Commission will step in to address a market ... example under Regulation 1/2003 and the General State aid Block Exemption Regulation. We in turn, of course, ...

  • EU approves Swedish export-credit insurance scheme 25 Nov 2009 14:52 GMT
    ... The European Commission on Wednesday approved a Swedish scheme to ... be in line with its rules on state aid measures to support access to finance in the ... the credit insurance market," said EU Competition Commissioner Neelie Kroes. ...

  • IT business expands rapidly with EU support... 25 Nov 2009 23:37 GMT
    ... IT business expands rapidly with EU support OUTSOURCING: Latvia’s highly trained specialists command ... not widely available at the moment,” Competition Commissioner Neelie Kroes commented at the time to ... and remote areas and with the EU’s state aid rules.” Under these circumstances, it’s no wonder that ...

  • Restructured Anglo to focus on business lending 25 Nov 2009 01:50 GMT
    ... investment into Anglo's new bank division. Under EU guidelines the bank was “required to consider ... injection have to be approved by the EU Commission under state aid rules. The bank must prove that it ...

  • MEPS demand answers despite approval of fund for former Dell workers 25 Nov 2009 13:57 GMT
    ... Irish MEPs stepped up pressure on the European Commission today to explain why Brussels approved funding ... Commission. Ms De Bruin said in Strasbourg: “EU policy has the effect of using public ... manufacturing plant in Poland? This amounts to state aid for sacking the workers in Limerick.” Limerick Sinn ...


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