The EU Commission approves the restructuring plan of the agricultural bank of Greece (ATE)

Samà, Danilo; Forzano, Alessandra

Previous article The European Commission finds that the different taxation imposed by the Greek Government for casino entrance fees is unlawful aid (Aid to certain Greek casinos) Next article The EU General Court annuls Commission decision finding illegal state granted by Poland and its failure to recover public debts from an ailing company (Buczek Automotive)

23 May 2011

The EU Commission approves the restructuring plan of the agricultural bank of Greece (ATE)

KEYWORDS

Reference

EU Commission, Agricultural Bank of Greece, N429/2010, 23 May 2011

"State aid: main developments between 1 May and 31 August 2011"* On 23 May 2011 the Commission approved [1] the restructuring plan of the Agricultural Bank of Greece (ATE), judging it apt to restore the bank’s long‑term viability whilst ensuring it shares the burden of its restructuring and limits distortion of competition in the Greek retail banking market. ATE is the fifth largest banking group

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

PDF Version

Authors

Danilo Samà
Law & Economics LAB (Rome)

France 20 contributions 3328 visits
Alessandra Forzano
European Commission - DG COMP (Brussels)

Belgium 59 contributions 7002 visits

Quotation

Danilo Samà, Alessandra Forzano, The EU Commission approves the restructuring plan of the agricultural bank of Greece (ATE), 23 May 2011, e-Competitions May 2011, Art. N° 54632

Visites 145