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Europe Daily Bulletin No. 11786

12 May 2017
Contents Publication in full By article 11 / 31
ECONOMY - FINANCE - BUSINESS / state aid
Commission authorises Slovenia to sell Nova Ljubljankska Banka in stages
Brussels, 11/05/2017 (Agence Europe)

On Thursday 11 May, the European Commission approved a request by the Slovenian State to divest its shares progressively in the bank Nova Ljubljanska Banka (NLB), thereby amending a 2013 decision on the restructuring of the bank in question (see EUROPE 10988).

Under the 2013 decision of the institution, the Slovenian State was required to sell the shares it held in the bank by a deadline which remains confidential. In the decision of 11 May, the Slovenian authorities will maintain their...

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