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Europe Daily Bulletin No. 11127

24 July 2014
Contents Publication in full By article 16 / 30
ECONOMY - FINANCE - BUSINESS / (ae) state aid
NGB and Piraeus restructuring plans get thumbs-up

Brussels, 23/07/2014 (Agence Europe) - On 23 July, the European Commission gave the go-ahead to restructuring plans for National Bank of Greece (NBG) and Piraeus Bank.

EU Competition Commissioner Joaquin Almunia said: “Through the restructuring plan, NBG will focus its activities on the strong Greek and Turkish banking operations and improve their efficiency. This will ensure that the bank can continue financing the Greek economy on a sustainable basis”. NBG has already started to...

Contents

SECTORAL POLICIES
ECONOMY - FINANCE - BUSINESS
EXTERNAL ACTION