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Image header Agence Europe
Europe Daily Bulletin No. 10330
Contents Publication in full By article 30 / 38
GENERAL NEWS / (eu) eu/state aid

Emergency recapitalisation of NLB approved

Brussels, 07/03/2011 (Agence Europe) - On Monday 7 March, the European Commission authorised emergency recapitalisation of up to €250 million for the Slovenian bank Nova Ljubljanska Banka (NLB), Slovenia's largest bank, in order to achieve an adequate level of capital for the establishment and to preserve financial stability in Slovenia. The authorisation is temporary until the Commission reaches a final decision on a restructuring plan for NLB which must be submitted by the Slovenia...

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