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

"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

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Authors

  • CDC Cartel Damage Claims (Brussels)
  • DG COMP (Brussels)

Quotation

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

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