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The Application of the Principles of Restructuring Aid to Banks during the Financial Crisis

Christian Ahlborn, Daniel Piccinin


I. Introduction and Overview The financial crisis and the responses to it from Member States and market participants have presented significant and unique challenges to the Commission’s State aid policy, both in terms of the volume and nature of the aid measures being implemented and the speed with which they have been proposed and market conditions have evolved. It is unsurprising then that the Commission’s approach to assessing State aid in the fina


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