Brussels, 27/07/2012 (Agence Europe) - On 27 July, the European Commission approved aid of €1.7 billion for newly created Greek Nea Proton Bank, which takes over from the former Proton bank. The Commission temporarily approved the measure until it reaches a final decision on the restructuring plan of Nea Proton Bank. At the same time, it has opened an in-depth investigation to assess whether the measure is in line with EU state aid rules.
On 9 October 2011, Proton Bank was resolved, its...