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Legal Update

State Aid: European Commission issues Communication on Recapitalization of Financial Institutions

12 December 2008
Mayer Brown Legal Update
In the past two months, the European Commission has approved a great number of national schemes for stabilizing the financial sector as well as individual recapitalization measures. Member States and potential beneficiary institutions have nevertheless called for more detailed guidance as to whether specific forms of recapitalization are accepted under State aid rules.


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