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Europe Daily Bulletin No. 11062

17 April 2014
Contents Publication in full By article 28 / 40
ECONOMY - FINANCES / (ae) state aid
Investigation into aid for Latvian banks

Brussels, 16/04/2014 (Agence Europe) - On Wednesday 16 April, the European Commission announced that it has opened an in-depth investigation to assess whether the additional state support measures granted by Latvia to AS Parex banka (rebranded “Reverta”) and AS Citadele banka in the context of their restructuring were in line with EU state aid rules. During the financial crisis, the Commission approved a rescue and restructuring package in favour of what was then Parex banka, which was...

Contents

INSTITUTIONNAL
EUROPEAN PARLIAMENT PLENARY
SECTORAL POLICIES
ECONOMY - FINANCES
EXTERNAL ACTION