Press Release: State aid: Commission approves aid to Banka Celje based on the restructuring plan of Banka Celje and its merger with Abanka

The European Commission concluded on the 16 December 2014 that the restructuring plan of the Slovene Banka Celje d.d. and its merger with Abanka Vipa d.d. was in line with EU state aid rules. The Commission found in particular that the restructuring plan ensures the viability of the merged entity in the long term without requiring further state support. At the same time the plan also mitigated the distortions of competition brought about by the aid granted to the bank.

ESO: Background information: State aid: Commission approves rescue or restructuring aid for five Slovenian banks http://www.europeansources.info/record/press-release-state-aid-commission-approves-rescue-or-restructuring-aid-for-five-slovenian-banks/

ESO: Background information: State aid: Commission approves Abanka's restructuring plan http://www.europeansources.info/record/press-release-state-aid-commission-approves-abankas-restructuring-plan/

ESO: Background information: State aid: Commission adapts crisis rules for banks http://www.europeansources.info/record/press-release-state-aid-commission-adapts-crisis-rules-for-banks/

European Commission: Competition: State Aid: Cases http://ec.europa.eu/competition/state_aid/register/

European Commission: DG Competition http://ec.europa.eu/competition/index_en.html

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