Competition Policy
An official website of the European Union An official EU website
Skip to main content
Competition Policy logo
Competition Policy

Competition Policy

SA.34827 ( 2012/NN ) Rescue recapitalisation of Cyprus Popular Bank (ex-Marfin)

Member state: Cyprus
Primary objective(s): 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 - Recapitalisation Communication, 2009
Sector: K - Financial and insurance activities
Aid instrument: Other forms of equity intervention
Case type: Ad Hoc Case
Duration: From 16.05.2012
Notification / registration date: 16.05.2012
Legislative sector: Competition DG
13.09.2012 Decision not to raise objections
( 2012/NN )
Decision text(s) pdf Letter to the Member State - authentic language en
Press release   IP/12/958
Publication in Official Journal 09.11.2012 JOCE C/341/2012

New Search