commiss decis april insur greec public properti loan grant greek state own bank greek text authent eec commiss european commun regard treati establish european econom commun articl thereof articl law greec amend law januari articl thereof articl law public properti includ asset greek public undertak insur exclus public sector insur compani paragraph articl requir staff state own bank recommend write custom insur insur compani own control public bank sector circular greek ministri trade state own bank stress bind natur recommend procedur introduc circular nation bank greec simplifi procedur follw borrow insur insur compani control bank modifi substant law forc lai oblig question conclus insur contract agenc state own bank public sector insur compani pursuant articl law requir deposit commiss servic render special account open state own bank benefit inter alia employe insur fund constitut incent staff state own bank ensur oblig recommend public sector insur compani fulfil greek associ insur compani drawn attent distort competit result amend introduc law privat sector insur agenc branch subsidiari undertak member state point view express govern member state reserv access public properti insur market greek public sector insur compani greec introduc restrict establish territori measur make imposs insur compani member state set busi greec public properti insur greek public sector insur continu insur risk time acquir busi previous written privat compani greek public properti insur market account approxim annual premium incom greec larg proport total loan made greek state own credit bank account credit market greec requir staff state own credit bank recommend custom insur public sector insur compani greec favour detriment public sector insur compani insur compani member state result reserv access market insur risk public sector distort competit expens insur compani member state aris market question risk aris insur activ commiss ask greek govern earli octob bring offend situat end remind septemb remind decemb commiss note observ mention circular issu greek ministri trade nation bank greec greek govern submit note ii novemb perman represent ii articl eec treati member state requir case public undertak enact maintain forc measur contrari rule contain treati rule provid articl articl oblig exist respect undertak member state grant special exclus right adopt law greec enact case public undertak public sector insur compani measur mean articl eec treati commiss requir pursuant articl eec treati ensur applic provis articl address direct decis member state articl compli provis articl eec treati establish articl requir member state introduc restrict establish territori nation member state compli articl eec treati provis paragraph articl eec treati requir member state abstain measur jeopard attain object treati object treati includ refer articl institut system ensur competit common market distort achiev observ principl contain articl decid public properti insur public sector insur compani make difficult insur undertak belong sector insur loan made greek state own bank greec measur incompat articl eec treati restrict measur incompat articl paragraph articl incompat object embodi articl institut system ensur competit common market distort achiev observ principl contain articl adopt decis articl provis articl greek law amend articl law januari privat insur lai public properti includ asset greek public undertak insur exclus greek public sector compani greek state own credit bank recommend custom insur public sector insur compani incompat articl eec treati read conjunct articl articl paragraph articl articl treati articl greec inform commiss month date notif decis measur compli therewith articl decis address hellen republ brussel april commiss sutherland member commiss offici journal hellen republ offici journal hellen republ