Press Release: State aid: Commission grants temporary approval to Latvian support for Latvian Mortgage and Land Bank and opens in-depth review into the measures for the bank’s transformation

Author (Corporate)
Series Title
Series Details IP/12/77 (26.01.12)
Publication Date 26/01/2012
Content Type

The European Commission has granted a temporary clearance of the Latvian support measures needed for the phasing out of commercial activities of the Mortgage and Land Bank (MLB) whilst opening an in-depth investigation to assess whether aid to MLB is in line with EU state aid rules.

Source Link Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/12/77&format=HTML&aged=0&language=EN&guiLanguage=en
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