UK MODIFICATIONS TO BANKING MEASURES APPROVED.

The European Commission approved, on 23 December 2008, modifications notified by the United Kingdom to the country's support measures to the banking industry. The measures, initially approved by the EU executive on 13 October 2008 (see Europolitics 3617), have now been adapted to the Commission's 8 December 2008 guidelines on recapitalisation (3654) and they bring the UK scheme in...

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