State support for Fortis Bank Nederland and ABN Amro
Friday 27 August 2010
The European Commission prolonged on 30 July the temporary authorisation of the state support granted by The Netherlands to Fortis Bank Nederland and ABN Amro, initially given on 5 February 2010 (see IP/10/138). The temporary approval is prolonged until the Commission will have completed its investigations and adopted a final decision on the compatibility of the notified and non-notified measures in favour of these companies with EU state aid rules.