The European Commission endorses State aid measures in favor of a Belgian bank (KBC)

"State aid: main developments between 1 September and 31 December 2009"* KBC has benefited from three aid measures: a recapitalisation of € 3.5 billion; a second recapitalisation of another € 3.5 billion; and an asset relief measure on a portfolio containing collateralised debt obligations (CDOs). The Commission temporarily approved the

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Koen Van de Casteele, The European Commission endorses State aid measures in favor of a Belgian bank (KBC), 18 November 2009, e-Competitions Bulletin November 2009, Art. N° 37534

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