The EU Commission approves under EU State aid rules Romania’s plans to inject €200 million of capital in a fully state-owned Bank (CEC Bank)

State aid: Commission approves market conform recapitalisation of Romanian CEC Bank* The European Commission has found Romania's plans to inject €200 million of capital in fully state-owned CEC Bank to be free of any State aid. The Commission found that the recapitalisation will be carried out on market termsand therefore involves no State aid in favour of the bank within the meaning of EU rules. Commissioner Margrethe Vestager, in charge of competition policy, said: “The EU Treaty is neutral when it comes

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European Commission, The EU Commission approves under EU State aid rules Romania’s plans to inject €200 million of capital in a fully state-owned Bank (CEC Bank), 29 October 2019, e-Competitions October 2019, Art. N° 92174

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