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Anjum Shabbir
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17th January 2020
Competition & State Aid

State aid: Renewed authorisation for Greek bank guarantee scheme

State aid in the form of the Greek guarantee scheme for credit institutions, first approved in November 2008, has been authorised to be prolonged until 31 May 2020. The Commission based its decision on the State aid being in line with the relevant rules, in particular because the aid is targeted, proportionate and limited in time and scope.

For more information, click here to read yesterday’s press release from the Commission

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