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SA.49275 Sale of Novo Banco with additional aid in the in the context of the 2014 Resolution of Banco EspĂ­rito Santo, S.A.

Member State: Portugal
Primary Objective: Remedy for a serious disturbance in the economy
Legal basis primary: Art. 107(3)(b) TFEU - Remedy serious disturbance
Sector: K.64 - Financial service activities, except insurance and pension funding
Aid instrument: Other
Case Type: Ad Hoc Case
Notification or Registration Date: 04.10.2017
DG Responsible: Competition DG
Related Cases: SA.39250


Decision on 11.10.2017: Decision not to raise objections
Press release: IP/17/3865
Decision Text: Letter to the Member State - authentic language   en  pdf
Published on 26.02.2018
Publication on 15.03.2018: Official Journal: JOCE C/97/2018

Related court case(s): T-298/18

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