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Europe Daily Bulletin No. 11138

23 August 2014
Contents Publication in full By article 14 / 17
BUSINESS / (ae) state aid
Abanka restructuring plan gets thumbs-up

Brussels, 22/08/2014 (Agence Europe) - In mid-August, the European Commission ruled that the restructuring plan for Slovenian bank Abanka Vipa (Abanka) complied with EU state aid rules.

In February 2014 Slovenia notified a restructuring plan for Abanka, the country's third-largest bank, to the Commission. The plan covers a first State recapitalisation of €348 million, temporarily authorised by the Commission in December 2013, and a second recapitalisation of €243 million together with a...