European Commission Press release Brussels, 23 July 2014 The European Commission has found the restructuring plan of Greek bank Piraeus, including the integration of several Greek banks, to be in line with EU state aid rules. …read more
European Commission Press release Brussels, 23 July 2014 The European Commission has found the restructuring plan of the National Bank of Greece (NBG) to be in line with EU state aid rules. The measures already implemented and those envisaged in the future will enable the bank to fully restore its… …read more
European Commission Press release Brussels, 23 July 2014 The European Commission has referred Italy to the EU Court of Justice (EUCJ) for failing to comply with a Commission decision of 2012 ordering the recovery of incompatible state aid. …read more
Leading pay-TV operator CTH announced that it has entered into a partnership with a unit of GMM Grammy, confirming months of speculations of such a tie-up.
The transaction, first announced Monday, will see CTH LCO fully acquire satellite pay-TV unit GMM B. In exchange, GMM Grammy unit Z Trading will own …read more