Sunday, Mar 16, 2008
Govt may fall foul of EU Law for NR Nationalisation
Reuters: Danish banks reportedly criticise govt support for N. Rock
LONDON (Reuters) - Danish banks have written to the European Commission to complain about the "unfair competitive advantage" which they say government support gives nationalised UK lender Northern Rock, the Sunday Times reported. The company offers savings accounts to Danish investors through Northern Rock Denmark.
Posted by landedgentry @ 08:46 PM (132 views) Add Comment
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