Press Release: State aid: Commission temporarily approves aid for the resolution of Greek T Bank

The European Commission has approved under EU state aid rules, for a period of six months, around €680 million of state support granted by the Hellenic Deposit and Investment Guarantee Fund ("HDIGF") to facilitate the acquisition of the economic activities of the Greek T Bank by Hellenic Postbank in the context of T Bank's resolution. The Commission approved the measure in order to preserve financial stability, before it takes a final decision on the restructuring of Hellenic Postbank.