International & Foreign Law News
11/4/2009 7:56:04 AM EST
EU to probe rescue of Sparkasse KoelnBonn
BRUSSELS – (AP) European Union regulators said Wednesday they would investigate the German government bailout of one of Germany's largest state-owned savings banks, Sparkasse KoelnBonn.
The European Commission said it doubted whether a euro650million ($953 million) recapitalization from the cities of Cologne and Bonn met EU state subsidy rules … Full version (available to lexis.com subscribers)
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