Brussels, 10/07/2014 (Agence Europe) - On Wednesday 9 July, the European Commission gave the go-ahead to a restructuring plan for Alpha Bank of Greece, including the acquisition and integration of Emporiki Bank, a former subsidiary of French bank Crédit Agricole.
EU Competition Commissioner Joaquin Almunia said: “Alpha Bank's restructuring will make a significant contribution to reinforcing the viability of the Greek banking sector, to the benefit of the Greek economy”.
Alpha Bank's...