Competition weekly news summary
Wednesday, May 20, 2009

The Commission is closed on Thursday, 21 May, and Friday 22 May 2009.

State aid

  • Commission approves Portuguese bank recapitalisation scheme to boost real economy
    20 May 2009
    The Commission approved a Portuguese bank recapitalisation scheme intended to bolster financing of the real economy. The scheme is in line with EU state aid rules, because it is limited in time and scope.
  • Commission approves Danish rescue aid for Fionia Bank
    20 May 2009
    The Commission approved a Danish rescue aid in the form of a credit facility of up to 685 million (DKK 5.1 billion) and a 134 million (DKK 1 billion) capital injection for Fionia Bank. The measure is in line with EU state aid rules, because it is limited in time and scope and contains sufficient safeguards to avoid abuses.
  • Commission consults on draft Guidelines for broadband networks
    19 May 2009
    The Commission has published, for public consultation, draft Guidelines on the application of EU state aid rules to public funding of broadband networks. The key issue for discussion concerns the public financing of very high speed, so-called "next generation access networks". Member States and stakeholders can submit their views on the proposed text until 22 June 2009. On the basis of the comments received, the Commission intends to adopt definitive Broadband Guidelines later this year.

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Published by the Competition Directorate General of the European Commission. The content of this publication does not necessarily reflect the official position of the European Commission. Neither the Commission nor any person acting on its behalf is responsible for the use which might be made of the above information.

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