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EU should have assessed investor role of Dutch state in ING aid repayment, legal opinion says

By Lewis Crofts ( December 19, 2013, 11:43 GMT | Insight) -- The European Commission was wrong not to analyze whether the Dutch state acted as a private investor when changing aid repayments to stricken lender ING during the financial crisis, a legal opinion prepared for judges said. It also suggested a lower EU court was wrong to scrap an entire decision over restructuring aid after finding fault with one element of the state-support package.The European Commission was wrong not to analyze whether the Dutch state acted as a private investor when changing aid repayments to stricken lender ING during the financial crisis, a legal opinion prepared for judges said. It also suggested a lower EU court was wrong to scrap an entire decision over restructuring aid after finding fault with one element of the state-support package....

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