Polonium

Monday, December 21, 2009

Polish bank recapitalisation scheme cleared


The European Commission authorised a Polish scheme to strengthen financial stability on 21 December. The scheme underwrites, via preferential shares or subordinated debt instruments, up to 100% of capital increases of financial institutions that are unable to obtain the required financing from the market.

Read more: http://www.europolitics.info/business-competitiveness/polish-bank-recapitalisation-scheme-cleared-art258474-8.html