Press Release: State aid: Commission temporarily approves rescue aid for Danish Amagerbanken

The European Commission has granted temporary approval, under EU State aid rules, to Danish support towards the liquidation of Amagerbanken, which was declared bankrupt in February 2011. The aid is limited to what is necessary to facilitate an orderly wind-up of the Amagerbanken, the country's 8th largest bank, which has been in trouble since it was severely hit by the 2008 financial crisis.