The EU Commission publishes a communication on the return to viability and the assessment of restructuring measures in the financial sector

"Restructuring banks in crisis — overview of applicable State aid rules"*1. A complete set of State aid rules for financial institutions in the current crisis (1 The Communication of 22 July 2009 on the return to viability and the assessment of restructuring measures in the financial sector in the current crisis under the State aid rules [1], (‘the Restructuring Communication’) provides the framework for the use of State aid for bank restructuring. Together with the three previous Communications on banking [2], recapitalisation [3] and impaired assets [4], these rules form a body of guidance for assessing various support measures in favour of banks during the present systemic crisis. The Restructuring Communication to banks which are under an obligation to restructure, sets out the

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Nicolas Pesaresi, Anna Jarosz-Friis, Andrea Bomhoff, The EU Commission publishes a communication on the return to viability and the assessment of restructuring measures in the financial sector, 22 July 2009, e-Competitions July 2009, Art. N° 35029

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