Brussels approves Denmark’s bank package

Article reports that the European Commission approved October 2008 Denmark’s emergency guarantee package for the country’s banks, saying it was compatible with EU state aid rules.

European Commission: Press Release: IP/08/1483: State aid: Commission approves Danish state support scheme for banks http://europa.eu/rapid/pressReleasesAction.do?reference=IP/08/1483&format=HTML&aged=0&language=EN&guiLanguage=en

European Commission: MEMO/08/614: State aid: Overview of national rescue measures and deposit guarantee schemes http://europa.eu/rapid/pressReleasesAction.do?reference=MEMO/08/614&format=HTML&aged=0&language=EN&guiLanguage=en

The Copenhagen Post, 6.10.08: Financial rescue package okayed http://www.cphpost.dk/get/109398.html

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