In November 2008, the European Commission (EC) found state aid granted by the Polish government to two Polish state-controlled shipyards (Stocznia Szczecinska Nowa and Stocznia Gdynia), illegal under EU single market rules and requested its return to the government with accrued interest. The EC decided however to postpone the enforcement of the return of state aid for seven months until 6 June 2009 to allow for the prior public sale of the shipyards’ assets at market price.

The European Commission Internal Market and Services DG has sent to the CEBS and CEIOPS Interim Working Committee on Financial Conglomerates a third call for technical advice on the Financial Conglomerates Directive.

View Call for technical advice on financial conglomerates, (PDF 554KB), 7 May 2008

The European Commission has published on its website an on-line questionnaire which aims to get opinions from all interested parties on the impact of Solvency II when compared to Solvency I. The closing date for completing the questionnaire is 23 March 2007.