Announcement
29 Oct 2019
On 27 March 2019, Romania notified the European Commission of its intention to invest EUR 200 million in the state-owned bank CEC Bank. On 29 October 2019, the European Commission issued its decision finding that the investment does not constitute state aid and thereby approving the measures.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
29 Oct 2019
Revocation date:
No revocation date
Updated: 29 Oct 2019
Capital injection and equity stakes (including bailouts)
In force
On 29 October 2019, the European Commission issued its decision that it does not view the capital injection granted to state-owned CEC Bank to be state aid and thus approved the financial meas...
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