State Aid

State Aid Cases

SA.34488 Restructuring aid to Proton bank through creation and capitalisation of Nea Proton and additional recapitalisation of New Proton Bank by the Hellenic Financial Stability Fund

Member State:	Greece
Region:	ELLADA
Primary Objective:	Remedy for a serious disturbance in the economy
Legal basis primary:	Art. 107(3)(b) TFEU - Remedy serious disturbance
Legal basis secondary:	Crisis - Financial sector - Banking Communication, 2008 Crisis - Financial sector - Recapitalisation Communication, 2009 Crisis - Financial sector - Restructuring Communication 2009-2010
Sector:	K - Financial and insurance activities
Aid instrument:	Provision of risk finance
Case Type:	Individual Application
Duration:	from 15.07.2013


Notification or Registration Date:	12.03.2012
DG Responsible:	Competition DG

	2012/NN

Decision on 26.07.2012:	Decision to initiate the formal investigation procedure
Decision Text:	Letter to the Member State - authentic language en
Publication on 20.11.2012:	Official Journal: JOCE C/357/2012

	2012/C

Decision on 29.04.2014:	Positive decision
Decision Text:	Letter to the Member State - authentic language en
Publication on 12.12.2014:	Official Journal: JOCE L/357/2014

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