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Hypo Tirol Capital Injection Wins Approval From EU Regulator

Oct. 4 (Bloomberg) -- Hypo Tirol Bank AG won European Union approval for a capital injection of 220 million euros ($284.6 million), the European Commission said in an e-mailed statement today.

Support to the lender doesn’t breach EU rules governing state subsidies, the regulator said.

To contact the reporter on this story: Peter Chapman in Brussels at pchapman10@bloomberg.net

To contact the editor responsible for this story: Anthony Aarons at aaarons@bloomberg.net

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