Press Release: State aid: Commission approves restructuring aid for Greek bank Alpha Bank

On 9 July 2014, the European Commission found the restructuring plan of the Greek Alpha Bank, including the acquisition and integration of Emporiki Bank, to be in line with EU state aid rules.

The measures already implemented and those envisaged in the future was enable the bank to return to viability, while limiting the distortions of competition brought about by the state funding.