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On 13 July 2011 the Commission concluded that lower electricity tariffs granted in 2007- 2008 by the Greek state-owned Public Power Corporation to Aluminium of Greece conferred an undue advantage to the company, in breach of EU state aid rules
Estonia, European Union, Greece, Hungary, Lithuania, Malta, Russia, Slovenia
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March 21 2011
On 14 March 2011, the European Commission "Commission" announced that it has launched infringement proceedings against Estonia, Greece, Hungary, Lithuania, Malta and Slovenia in relation to their bilateral air service agreements with Russia
On 23 May the Commission approved under EU State aid rules the restructuring plan of Agricultural Bank of Greece, judging it apt to restore the bank's long-term viability whilst ensuring it shares the burden of its restructuring and limits the distortions of competition
On 13 July 2011 the Commission opened an in-depth investigation to verify whether six restructuring measures in favour of the Greek state-owned railway company TRAINOSE are in line with EU state aid rules
On 26 January 2012, the Commission decided that Greek loans granted to agricultural cooperatives in the cereal sector amounted to illegal state aid and ordered Greece to recover loan amounts
On 16 May 2012, the Commission announced that it has approved around 680m worth of State support granted by the Hellenic Deposit and Investment Guarantee Fund to facilitate Hellenic Postbank’s acquisition of Greek T Bank’s economic activities
