European Commission – State aid: Commission approves public support measures in favour of Latvian banks Reverta (formerly Parex banka) and Citadele

European Commission Press release Brussels, 9 July 2014 The European Commission has found the support measures granted by Latvia to AS Reverta (formerly AS Parex banka) and AS Citadele banka to be in line with EU state aid rules and has therefore closed its in-depth investigation. …read more Source: European Commission Competition Press Releases