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State Aid Cases

SA.35334 Monitoring of Cyprus Cooperative Bank and ways to address potential additional capital needs

Member State: Cyprus
Primary Objective: Restructuring firms in difficulty
Legal basis primary: Art. 107(3)(b) TFEU - Remedy serious disturbance
Legal basis secondary: Crisis - Financial sector - Restructuring Communication 2009-2010
Sector: K.64 - Financial service activities, except insurance and pension funding
Aid instrument: Other
Case Type: Individual Application
Notification or Registration Date: 31.01.2014
DG Responsible: Competition DG


Decision on 24.02.2014: Decision not to raise objections
Press release: IP/14/186
Publication on 18.07.2014: Official Journal: JOCE C/233/2014
Decision on 16.06.2014: Corrigendum
Decision Text: Letter to the Member State - authentic language   en  pdf

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