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Speech: Almunia - Extension of state aid control crisis regime for banks

( December 1, 2011, 15:04 GMT | Official Statement) -- MLex Summary: European competition chief Joaquín Almunia said crisis rules for state aid would be prolonged, with changes to the pricing and conditions for recapitalisations and public guarantees, until market conditions improve. The guarantees, which aim to provide liquidity by enabling institutions to get medium term funding, would be carried out at a national level but based on common rules....

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