Commission approves Dutch guarantee scheme for financial institutions
31 October 2008
The Commission approved the Dutch guarantee scheme intended to restore and facilitate the financing of Dutch financial institutions.
The Commission approved the Dutch guarantee scheme intended to restore and facilitate the financing of Dutch financial institutions.
On 21 October 2008, the Dutch authorities notified a guarantee scheme which aims at tackling the liquidity problems of financial institutions created by the drying up of the market of unsecured loans.
The Commission concluded that the guarantee scheme complies with the conditions laid down in its Communication on state aid for financial institutions in the context of the current global financial.
Press release
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