EU state aid to banks is one third of GDP

Archived Articles | 12 Aug 2009 | EWR OnlineEWR

Lucia Kubosova, EUObserver

The EU's main regulator has approved state aid to banks worth almost a third of the 27-member bloc's GDP - twice as much as predicted earlier, with the highest rescue funds in Ireland and with none paid out in several states of central and eastern Europe.

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http://euobserver.com/9/28540

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