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Europe Daily Bulletin No. 10840

4 May 2013
ECONOMY - FINANCE - BUSINESS / (ae) state aid
State aid for winding up ATE Bank in Greece gets go-ahead

Brussels, 03/05/2013 (Agence Europe) - On 3 May, the European Commission gave the go-ahead to the state aid from Greece for the July 2012 wind-up of Agricultural Bank of Greece (ATE Bank). It had been concerned about whether the three measures amounted to illegal state aid, namely (i) a recapitalisation of €290 million granted in 2011, (ii) further aid of €7,471 million to address the funding gap between assets and liabilities, and (iii) a recapitalisation of €570 million benefitting...

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ECONOMY - FINANCE - BUSINESS
INSTITUTIONAL
SECTORAL POLICIES
SOCIAL AFFAIRS
EXTERNAL ACTION
CALENDAR OF EVENTS