On the basis of a new series of commitments proposed by the Slovenian authorities in mid-July, the European Commission on Friday 10th August concluded that the public aid of €2.3 billion granted in 2013 to Nova Ljubljanska Banka (NLB), the largest Slovenian banking group, remains compatible with EU State aid rules.
According to a press statement published following its in-depth investigation, launched in January (see EUROPE 11948), the Commission has announced that Slovenia has undertaken...