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France: Capital injection into the institution created by the merger of the parent companies of the Caisse d'Epargne and Banque Populaire -groups

Description

On 22 April 2009 the French authorities contacted the European Commission regarding their intention to inject a total amount of EUR 5 billion to the new merger of Caisse d'Epargne and Banque Populair...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

22 Apr 2009

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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