The EU Commission approves a € 1.5 billion recapitalization provided by Belgium in order to restructure a Belgian insurer (Ethias)

Van de Casteele, Koen

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20 May 2010

The EU Commission approves a € 1.5 billion recapitalization provided by Belgium in order to restructure a Belgian insurer (Ethias)

KEYWORDS

Reference

EU Commission, Ethias, Case N256/2009, 20 May 2010

"State aid: main developments between 1 May and 31 August 2010"* The Commission approved on 20 May 2010 a €1.5 billion recapitalisation provided by Belgium in the context of the restructuring of Ethias, a Belgian insurer that ran into severe difficulties in 2008. Ethias historically operated as a group of mutual companies. It was the third

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Author

Koen Van de Casteele
European Commission - DG COMP (Brussels)

Belgium 98 contributions 34142 visits

Quotation

Koen Van de Casteele, The EU Commission approves a € 1.5 billion recapitalization provided by Belgium in order to restructure a Belgian insurer (Ethias), 20 May 2010, e-Competitions State intervention, Art. N° 37397

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