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Image header Agence Europe
Europe Daily Bulletin No. 11069
Contents Publication in full By article 21 / 31
ECONOMY - FINANCE - BUSINESS / (ae) state aid

Commission approves aid for Greek bank Eurobank

Brussels, 29/04/2014 (Agence Europe) - On Tuesday 29 April, the European Commission found that the restructuring plan of Eurobank Group of Greece is in line with EU state aid rules. On the basis of the plan, the Commission has approved under EU state aid rules the restructuring aid granted by Greece to Eurobank Ergasias S.A., including recapitalisations by the Hellenic financial stability fund (HFSF) in 2012 and 2013, as well as the HFSF's backstopping of the ongoing recapitalisation. The...

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