STATE AID CONTROL IN THE FINANCIAL CRISIS. Humbert Drabbe. The financial crisis and the DG COMP’s response in 4 stages. Early days and the spill-overs of the sub-prime crisis: Rescue and Restructuring Guidelines The fall of Lehman and the inter-bank markets: First Banking Communication
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Rescue and Restructuring Guidelines
First Banking Communication
Communication on Recapitalisation
Dealing with impaired assets and restructuring
(restructuring or liquidation plan to be assessed according to principles of the rescue and restructuring Guidelines)