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Greece: Restructuring aid to Proton bank

Description

On 1 October 2010, Greece provided the European Commission with a restructuring plan for Proton Bank. On 9 October 2011, the bank was resolved in order to 'protect systemic stability' (par. 11, letter...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

26 Jul 2012

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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