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Image header Agence Europe
Europe Daily Bulletin No. 12044
Contents Publication in full By article 17 / 38
ECONOMY - FINANCE - BUSINESS / State aid

Green light to Cypriot aid for orderly liquidation of Cyprus Cooperative Bank

On Tuesday 19 June, the European Commission approved Cypriot measures to facilitate the liquidation of Cyprus Cooperative Bank Ltd. (CCB).

These measures complete the restructuring process of the CCB, which the Cypriot state launched in February 2014. As the bank was unable to return to a certain level of viability, the national authorities notified the Commission on Sunday 17 June of their plans to support its orderly liquidation.

This liquidation will take the form of the sale and total...

Contents

SECTORAL POLICIES
INSTITUTIONAL
ECONOMY - FINANCE - BUSINESS
SOCIAL AFFAIRS
SECURITY - DEFENCE
EXTERNAL ACTION
COURT OF JUSTICE OF THE EU
NEWS BRIEFS