Wednesday, June 9, 2010

State May Not Retrieve Part of 30 Billion Euro Paid for Saving Bank


Gerrit Zalm, head of the ABN Amro Bank and former minister of finance, has said that it will be difficult for the government to retrieve all 30 billion euro which it paid to save the ABN Amro and Fortis Bank Netherlands. He said it is too early to say how much of the investment can be recouped. He also pointed out that some of the money was invested in the insurance company ASR.
www.parool.nl/parool/nl/30/2010/article/print/detail/296959/Zalm-terugbetaling-staatssteun-ABN-onzeker.dhtml

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