Press Release: State aid: Commission temporarily clears support for Nova Ljubljanska Banka

Author (Corporate)
Series Title
Series Details IP/11/264 (7.3.11)
Publication Date 07/03/2011
Content Type

The European Commission in March 2011 authorised under EU state aid rules an emergency recapitalisation of up to €250 million in favour of the Slovenian bank Nova Ljubljanska Banka (NLB).

The Commission temporarily approved the measure for reasons of financial stability until it reaches a final decision on a restructuring plan for NLB which must be submitted within six months.

Source Link Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/11/264&format=HTML&aged=0&language=EN&guiLanguage=en
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