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Ireland: Restructuring scheme for Credit Unions

Description

On 7 December 2011 Ireland notified a scheme for the resolution of credit unions in distress.   Credit unions are member-owned, not-for-profit entities whose business primarily relates to savings and ...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

20 Dec 2011

Revocation date

31 May 2020

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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