25.3.2015 Official Journal of the European Union L 80/49 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) THE EUROPEAN COMMISSION, Having regard to the Treaty on the Functioning of the European Union, and in particular the first subparagraph of Article 108(2) thereof, Having regard to the Agreement on the European Economic Area, and in particular Article 62(1)(a) thereof, Having called on Member States and other interested parties to submit their comments pursuant to those provisions (1), Whereas: 1. PROCEDURE 1.1. PROCEDURE RELATED TO PIRAEUS BANK (1) By decision of 19 November 2008 the Commission approved a scheme entitled ‘Support Measures for the Credit Institutions in Greece' (the ‘Greek Banks Support Scheme’) designed to ensure the stability of the Greek financial system. The Greek Banks Support Scheme allows for aid to be granted under its three constituent measures, a recapitalisation measure, a guarantee measure and a government bond loan measure (%). In May 2009, Piracus Bank (‘the Bank’ (%)) was recapitalised by Greece under the recapitalisation measure. (2)  Recital 14 of the Decision of 19 November 2008 recorded that a restructuring plan would be notified to the Commission in respect of the beneficiaries of the recapitalisation measure. (3)  On 23 July 2010, the Greek authorities submitted a restructuring plan to the Commission. The Commission registered that plan and its subsequent updates as well as additional information submitted by the Greek authorities as Case SA.30342 (PN 26/2010) and then Case SA.32787 (2011/PN). (") See Commission Decision of 27 July 2012 in State aid SA. 34826 (2012/C, ex 2012/NN), ‘Recapitalisation of Piracus Bank by the Hellenic Financial Stability Fund’ (O] C 359, 21.11.2012, p. 43). () Commission Decision of 19 November 2008 in State aid N 560/2008 ‘Support Measures for the Credit Institutions in Greece' (O] C 125, 5.6.2009, p. 6). It was registered under the number SA.26678 (N 560/2008). That scheme was subsequently prolonged and amended as described in footnote 4. (®) ‘The Bank’ refers to the Piraeus Bank Group.