Press Release: State aid: Commission approves aid for National Bank of Greece on the basis of an amended restructuring plan

On 4 December 2015, in the context of the third economic adjustment programme for Greece, the European Commission approved additional state aid of €2.71 billion to National Bank of Greece under EU state aid rules, on the basis of an amended restructuring plan.

• Primary Source

ESO: Background information: State aid: Commission adapts crisis rules for banks http://www.europeansources.info/record/press-release-state-aid-commission-adapts-crisis-rules-for-banks/

European Commission: RAPID: MEMO/14/297: EU Bank Recovery and Resolution Directive (BRRD): Frequently Asked Questions http://europa.eu/rapid/press-release_MEMO-14-297_en.htm

ESO: Background information: State aid: Commission approves aid for Piraeus Bank on the basis of an amended restructuring plan http://www.europeansources.info/record/press-release-state-aid-commission-approves-aid-for-piraeus-bank-on-the-basis-of-an-amended-restructuring-plan/

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