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France: Scheme for refinancing financial institutions

Description

On 28 October 2008 the French authorities notified an aid scheme for refinancing financial institutions in France. Some EUR265 billion have been made available for the scheme. Any credit institution...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Nov 2008

Revocation date

01 Dec 2009

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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