# Commission Decision (EU) 2015/455 of 23 July 2014 on the State aid SA.34826 (2012/C), SA.36005 (2013/NN) implemented by Greece for Piraeus Bank Group relating to the recapitalisation and restructuring of Piraeus Bank SA (notified under document C(2014) 5217) (Only the English text is authentic) (Text with EEA relevance), Division (7)

Extent: E+W+S+N.I.

Support to foreign subsidiaries: For each foreign subsidiary, from the Effective Date until 30 June 2018, the Bank shall not provide additional equity or subordinated capital for an amount higher than the lesser of (i) […]% of the RWA of that subsidiary as calculated on 31 December 2012 or (ii) EUR […] million on aggregate for all foreign subsidiaries (cumulatively between 30 June 2013 and 30 June 2018). If the Bank intends to inject equity or subordinated debt to the foreign subsidiary for an amount higher than the defined threshold, it must request the Greek authorities to seek a Commission decision to amend the restructuring plan […].

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Source: https://www.legislation.gov.uk/eudn/2015/455/annex/division/1/chapter/II/division/7 (the official version)
Page: https://openlegislation.uk/eu-decision-2015-455/annex/division-1/chapter-II/division-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.