Brussels, 26/11/2014 (Agence Europe) - On Tuesday 25 November, the European Commission approved state aid granted to the Bulgarian bank First Investment Bank (Fibank) (EUROPE 11111).
According to the European institution, the measures taken were needed to preserve financial stability in Bulgaria, a country which saw a mass withdrawal of deposits last summer. Furthermore, the restructuring plan adopted in exchange for the state aid will allow Fibank to be viable in the long term, without...