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Europe Daily Bulletin No. 12252

11 May 2019
ECONOMY - FINANCE - BUSINESS / State aid
Green light for new commitments by Athens in support of National Bank of Greece
Sibiu, 10/05/2019 (Agence Europe)

On Friday 10 May, the European Commission approved a new package of commitments by the Greek authorities that would allow it to consider that support for the National Bank of Greece was still compatible with EU State aid rules. 

This support had been validated by the Commission in 2014 and 2015. In this context, the bank had to implement several measures, such as the sale of several assets. While some of them were successfully implemented, the bank was not able to meet all its commitments...

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