Tag Archives: Joaquín Almunia

Our King Louis XVI = The Banks and their Gombeen politicians

€10bn Anglo Government injection approved The European Commission has approved Government plans to inject up to another €10bn into Anglo Irish Bank. The Commission said the Government had notified it at the end of June that it wanted to put … Continue reading

Posted in accounting gimmickry, action, Action on unemployment now!, Anglo's restructuring plan | Tagged , , , , ,

Guidance for the treatment of impaired assets in the EU banking sector

 IP/08/1495), where the Commission set out the principles governing the application of the State aid rules to any support measure for banks in the context of the global financial crisis. In a similar vein that the recapitalisation communication (see IP/08/1901) … Continue reading

Posted in 1, Charlie McCreevy, Joaquín Almunia, Neelie Kroes, The European Commission, US sub-prime | Tagged , , , , ,