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EC Statement: State aid - Commission approves Danish liquidation aid for Roskilde Bank

( November 5, 2008, 10:45 GMT | Official Statement) -- The European Commission has authorised, under EC Treaty rules on state aid, a package of measures to liquidate Roskilde Bank in Denmark. In August 2008, when it became clear that the rescue of the bank would fail, the Danish National Bank and the Danish association of private banks (DPB) took over, through a newly created entity, all assets and liabilities of Roskilde Bank, with a view to preparing an orderly winding-up....

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