Joaquin Almunia speaks to press on EU hearings Country: Spain Position: Competition CommissionerThe commissioner-designate for competition, Joaquin Almunia, will not ease the EU’s stance towards banks which received state aid during the financial crisis. Credit institutions will have to reimburse the aid by the end of 2010 and cannot use this financial support to increase bonuses, Almunia made clear during his hearing in front of the European Parliament. For more: www.euractiv.com
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