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Extracts from the press conference by Joaquín Almunia on the Prolongation of temporary framework for State aid measures in the economic crisis

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On 01/12/2010 in Brussels, Joaquín Almunia, Vice-President of the EC in charge of Competition announced during the press conference, the adoption by the European Commission of the prolongation of temporary framework for State aid measures in the economic crisis, with stricter conditions.The European Commission extended by a year a framework of rules set up in October 2008, allowing EU governments to bail out their lenders under looser terms.The EU executive also decided to keep measures facilitating access to finance for small- and medium-sized enterprises but under stricter conditions.
SHOTLIST

Type: Press conference - summary   Reference: I-068188   Date: 01/12/2010
Personalities:   Almunia, Joaquín  
Location: Brussels - EC/Berlaymont  
Languages: ORIGINAL

Tags: State aid
RAPID: INFO PRESS, SPEECH,
© European Union, 2010   /   Source: EC - Audiovisual Service
Director: Sophie Besse
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