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The European Commission has concluded, under EC Treaty State Aid rules, that a recapitalization of Hypo Steiermark, a regional Austrian bank, which was carried out by the public and the private owners pro rata to the pre-existing ownership structure does not constitute state aid
The European Commission announced that it has decided under Article 87(3)(b) of the EC Treaty to approve an Austrian recapitalisation measure for the Austrian bank, Hypo Tirol
The European Commission has opened under EC Treaty State aid rules an in-depth investigation into State aid measures for German Landesbank BayernLB and its Austrian subsidiary Hypo Group Alpe Adria (HGAA
