Global Trade Alert
Global Trade Alert

Greece: Liquidity support to the Greek Attica Bank

Announcement

07 Oct 2016

On 7 October 2011, the European Commission approved a Greakk loan guarantee to provide liquidity to Attica Bank. 

 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

26 Oct 2016

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts) In force

On 07 October 2016, the European Commission approved a EUR 380 (USD 475) million loan guarantee from Greece. The aid will support Attica Bank. The scheme is in force from 26.10.2016. Under the measure...

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