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2011/364/EU: Commission Decision of 15 September 2010 on the State aid C 26/09 (ex N 289/09) which Latvia is planning to implement for the restructuring of AS Parex banka (notified under document C(2010) 6202) Text with EEA relevance

CELEX
32011D0364
Document type
DEC_ENTSCHEID
Sector
Legislation
Date of document
2010-09-15
In force since
2011-06-23
Status
In force

Text

Article-level text, parsed from the formex manifestation.

Article 1

Having regard to the restructuring plan and commitments undertaken by the Republic of Latvia, the restructuring aid which Latvia implements for AS Parex banka and AS Citadele banka is found to be compatible with the internal market within the meaning of Article 107(3)(b) of the Treaty on the Functioning of the European Union.

Article 2

This Decision is addressed to the Republic of Latvia.

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